PRONTO-Xi Accounts Payable offers you the ability to effectively control your supplier accounts. It is fully integrated with the General Ledger and Purchase Order modules. It allows you to drill down to detailed information of your supplier accounts with a full view of supplier arrangements, transactions and approval levels.
- Customised automated cheque and Electronic Funds Transfer (EFT) payments;
Multi-currency support;
Withholding Tax PAYG/1099;
Current and Forward commitment tracking;
Recharge expenses to customer account;
Easy purchase order, invoice and shipment matching;
Full purchase and payment history.
Invoice Authorisation Tracking
Accounts Payable accurately tracks supplier invoices from the moment they are received. Not until the invoice has been authorised is the expense account in the General Ledger entered and updated. You can enquire on the current status of an invoice at any time and see whether it is still awaiting approval, and on whom it is waiting or use the Event Notification System (ENS) in Phase V to implement escalation procedures. Easy Options for Payments
You can draw a payment manually and enter its details against the supplier account. This includes the flexibility to draw from foreign bank accounts and use a variety of currencies. Alternatively you can automatically generate a single payment for a supplier, for all invoices due by a specified date.
