Accounts Payable

Overview

Shafer’s Accounts Payable Module stores and maintains detailed records for your entire vendor database. Our unique folder format keeps information organized and easily accessible. General Ledger information can be linked to the vendor file to ease the entry of invoices and promote error-free Accounts Payable Processing. Please see the section titled Vendor Master.

Easily process invoices and track itemized distribution of expenses with the Shafer's Invoice Processing feature. You can disburse to multiple GL types/accounts and your inventory statistics will automatically be updated. Create recurring payable entries for rental or loan payments and process single or multiple disbursements. See Invoice Processing for more information. The Disbursements feature will print checks for disbursements and document manual or COD checks. And whenever a disbursement is to be done, the checkbook balance is automatically shown. A percentage spread can be entered in the master file to automatically spread the invoice charge to many different General ledger account numbers, divisions and departments. Please see Disbursements, at left, for more information.

What good are all of these amazing features unless you can produce accurate reports? Shafer's Accounts Payable Reporting Options will provide you four separate categories to choose reports from. A complete vendor listing with sorting capabilities, aging report, purchase journal and transaction registers are a small sample of the reports found within our system. Use the Reporting Options link for more information.