The Accounts Payable Software is a full function accounts payable system complete with MICR check printing capabilities, and
seamless integration to the SumIT General Ledger System. Account for a single property payables or use a centralized corporate accounting
configuration depending on your companies needs.
Corporate Accounting Integrated Solutions: Inter-company accounts payable transactions may be distributed among several properties
or companies. This alleviates redundant data entry and allows you to pay vendor invoices for multiple companies/departments with one payment, while
tracking distribution for each company and department.
Standard Functions: The SumIT Accounts Payable system allows you to set the Accounts Payable accounting period, maintain vendor files,
enter/edit invoices and payments, post and print checks, reconcile AP checks with the bank account, purge paid invoices, run the end of month, transmit
1099 data to the Internal Revenue Service, and print reports.
Multiple Searches: The venders search combined with the general ledger and statistic ledger searches are provided to increase
efficiency when inputting invoices.
Multiple Checks: The SumIT Accounts Payable system allows you to select the type of check printing you prefer. Pre-printed
checks or MICR checks are both supported.
History File: The A/P History file tracks all invoices processed and paid, and maximizes your ability to analyze vendor activity.
Batch Entry Routines: The A/P Batch Entry routines make entering invoices, voided checks, hand checks, or adjusting entries
fast and efficient, while providing full accounting accountability.
To speak with a representative or to see a demonstration of the SumIT - Accounts Payable Software
Contact Us Today.