Accounts Payable is integrated with the modules of JOMAR’s Enterprise Software application suite: Purchasing, General Ledger, Supply Chain Management, ERP, Manufacturing Execution, Preventive Maintenance Repair and Warranty Services.

The following are some of the Accounts Payable features:

• Integrated transfer of  purchasing vouchers and receipts from the modules of JOMAR’s Enterprise Software application suite into the Accounts Payable files and common vendor master file
• Multiple Entities (i.e. company, division, plant) and multicurrency
• ‘Drill-down’ to the modules of JOMAR’s Enterprise Software application suite for vendor invoice transactions in 3 way match (i.e. P.O., receipts and invoice)
• Voucher management includes provision for one-time vendors, retrieve and duplicate functionality for standard entries, retrieve and reverse functionality for credit processing and optional immediate check processing
• Cash management capability to release or hold selected vouchers by net or gross due dates, by vendor, or by individual voucher
• Vendor account management with on-line inquiry by vendor with full history totals by period and by year
• Automatic 1099 tracking by vendor, period and year
• Secure check processing - payment of released vouchers through a controlled check run process with ‘pay to’ audit trail and on-line check inquiry for missing check numbers
• Void check capability with automatic reinstatement of vouchers
• Electronic Bank Reconciliation - processing of bank files to clear check and deposit transactions
• Export of XML data to Microsoft EXCEL for management information analysis