Accounts Payable Module

Tracking and controlling accounts payable is essential for your business. The Radix ERP Accounts Payable module helps you keep accurate information about money you owe, due dates, and available discounts. You business can save money by carefully tracking and take advantage of terms discounts, predicting cash requirements, and tracking payments to make sure they are made only once. Your business has to “spend money to make money,” so let the Radix Accounts Payable module help you spend it wisely.

You can perform  following tasks in the accounts payable module:

1. Create, make changes or delete creditor invoice/debit note/credit note transaction.
2. Create opening balance
3. Make payment for those transaction.
4. Print cheques from payment vouchers
5. Post accounts payable transactions to general ledger.
6. Settle posted pre-payment.
7. Contra with debtor invoice
8. Inquire creditor account activity
9. Analytics and reporting
10. Generate e-payment file.
11. User access control by document: supplier invoice, payment voucher
12. User access control by function

 Accounts payable reports:

1. Journal - invoice/debit note/credit note
2. Journal summary
3. Payment voucher
4. Payment register
5. Payment Register By Payment Voucher No
6. Creditor ageing details
7. Creditor ageing summary
8. Creditor ageing by department/project/group
9. Creditor activity
10. Creditor Balance Summary
11. Purchase Analysis By Month
12. Purchase Analysis By Amount
13. Creditor pre-payment    
14. AP activity by day