Payables Management
The Payables Management module for Adjutant efficiently manages your company’s expenditures, saving you time and money. This advanced module stores, sorts, and organizes vendor information and transactions. The Payables module then uses the information to produce a wide range of reports, including graphical reports, which present you with three-dimensional representations of your purchase history and much more. In addition, it saves you valuable time by dating your open invoices so you can easily discern how old they are, displaying the amount of cash needed to pay the invoices, and suggesting the best day to pay each invoice. You can also use Payables Management to take advantage of any early-payment discounts offered to your company. The module can be set up to make automated invoice payments prior to the discount expiration dates, saving you money.
Aside from operating seamlessly with General Ledger, the Payables module also integrates with other Adjutant modules for a smoother transition of information. For example, when used in conjunction with the Job Cost module, it provides effortless tracking of project opportunities. And when you set up cash accounts in Bank Reconciliation, these accounts will be updated with check information you can also automatically post invoices to the Billing Module for reimbursable expenses. Suggested approved AP amounts are automatically calculated whenever purchase orders are received and this amount is automatically shown at time of invoice entry. This seamless information flow between modules not only saves time by eliminating double entry, but it also suits the unique needs of today’s widely varying companies with a series of profit-increasing accounting capabilities.
