Always know how much you owe and when it’s due with M1 Accounts Payable
M1 Accounts Payable allows you to process your creditors’ invoices and payments. Create payments such as EFT, manual checks or M1 generated checks.
Rapid Master File Entry Create master files on the fly. Access to all master files relating to creditors during invoice entry allows you to add new files without exiting the current function. Short-cuts to these files saves you valuable time during data entry.
Three-way Match Automatically match your creditor’s invoice with the purchase order and its receipt.
Cash Management Reporting of due dates for payments, available discounts and a range of payment options improves your cash management.
Taxes Multiple tax codes simplifies tax reporting on acquisitions.
Payments Choose from manual checks, system generated checks or EFT payments.
Recurring Payments Regular payments can be automatically created without entering invoices.
Supplier Explorer View all transaction history for any supplier. Drill into any record to access the source documents.
Credit Memos Create credit memos quickly and easily for invoices previously posted. Include a reason for the credit, improving your supplier performance information.
Searches Rapid executive searches allow pertinent information to be viewed without generating complex reports, eg Purchases by Supplier, Invoices on Hold, Unposted Invoices and Payments.
Job Costs Automatically update job costs with actual material and sub-contract costs, instead of estimated costs.
AP Aging Report Analyze what you owe and when it is due by using the AP Aging Report.
