ARQAM™ Financial Accounting | Purchase

FEATURES :

• Ability to view the status of a single vendor with the option to print a paper copy at any time.


• Automatically posts to General Ledger and updates inventory daily.


• Computes discounts and records discounts taken.


• Prepares cash requirements forecast and aged analysis of cash requirements at the user's request.


• Allows entry of prepaid invoices to properly maintain accurate vendor information.


• Prepares check register of all payment transactions.


• Allows for the accounting of prepaid expenses.


• Easy entry of recurring expenses for invoicing.


• Accommodates processing of hand-written checks.


• Ability to process credit and debit memos.


• Provides a Vendor Master Report showing complete detail of each vendor account. Can be sorted by vendor number, vendor name.


• Provides a Vendor Status Report showing the vendor accounts. It can show all purchase and payment detail, for any date range. Can be sorted by vendor number, vendor name.


• Reports for prepaid expenses and future liabilities are sorted by vendor number, vendor name, transaction date, or expense date. Number of vendors is limited only by storage capacity.


• Allows adding new vendors on the fly.


• Allows adding new inventory items during voucher processing. Voucher currency conversion.


• Default General Ledger expense account for vendor.