ABS for Windows> Accounting> ACCOUNTS PAYABLE> Features
  • Supports cash and accrual accounting methods.
  • Processes vouchers, adjustments to posted vouchers, plus automatic, manual and partial payments.
  • Allows you to distribute transactions to an unlimited number of General Ledger accounts.
  • Prints computer-generated checks and lets you "re-schedule" payments.
  • Supports 5 payment status types: pay when due, prepaid, take discount, place "on hold" and quick check - an immediate check writing feature.
  • Allows you to limit the vouchers you want to pay on a given check run to any range of due dates or vendors.
  • Automatically allocates discounts allowed and applies credits.
  • Lets you void checks that have been written but not yet sent to vendors.
  • Prepares automatic vouchers to pay recurring expenses.
  • Automatically computes and takes vendor discounts.
  • Maintains complete vendor profiles, including vendor purchase history, average days to pay, and year-to-date Federal tax withheld for 1099 vendors.
  • Supports hot keys so you can add a vendor on-the-fly or enter free-form notes, plus a drill down feature so you can quickly display line-item check or invoice detail within specific functions.
  • Handles multiple banks and checking accounts and maintains current balances.
  • Automatically "flags" unusually large vendor invoices.
  • Supports multiple, user-defined aging categories.
  • Prints 1099 forms for reporting miscellaneous income, plus custom-designed vendor mailing labels.
  • Allows you to change, delete, inquire, print and display all transaction data.
  • Provides on-screen master file search by vendor name, ID and telephone number.
  • Includes the option to export transaction and vendor data to spreadsheets and graphics packages.
  For more information, you may download a FREE Self-running DEMO , request more information, or call us at (800) 356-4034.

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  We welcome your questions and
regarding ABS software.
Phone: 800-356-4034
or Fax: 978-250-8027.
American Business Systems, Inc.
315 Littleton Road
Chelmsford, MA 01824
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