Accounts Payable is a flexible and complete financial system that enables you to obtain  up-to-date information about cash flow requirements and vendor payments. The system handles everything from the time invoices arrive, through the writing and  reconciling of returned checks, to General Ledger posting.

The  Accounts Payable System goes beyond simply keying in an invoice and writing a check. The system helps control your cash flow, maximizes vendor discounting,  and provides complete audit trails to the General Ledger.

Comprehensive  vendor information provides for efficient voucher entry and easy 1099 year-end  processing. Vendor default information such as expense accounts, payment terms  and payment codes streamline voucher entry.

At Voucher Entry time you are allowed multiple processing options including:  Distributed Vouchers, Standard Vouchers, Split and Recurring Vouchers.

You  can force discounts, review lost discount reports at a key stroke and even use  the Discount Date as the Check date.

The  Cash Requirements Report, a standard part of the system, allows you to set up user-defined periods and list the vouchers and amounts due for each  period.

Para Research's exclusive AP Reconciliation Report, helps you reconcile your accounts payable to general ledger. This comprehensive report includes all open vouchers in the period and the total balance in Accounts Payable.

Features Include:

• Complete 1099 Reporting
• Distributed  voucher by multiple GL account
• Voucher  templates by vendor
• General  Ledger reconciliation report
• Flexible discounting capabilities
• Voucher  and vendor query
• Ability  to post to any period
• Optional monthly close