The Accounts Payable module manages all payables and prints checks for both administrative expenses and grant disbursements. It is specifically designed to integrate with the Grantee and Grants Management, and Scholarship Management modules. It also interfaces directly with General Ledger. We have highlighted some of the features and benefits of this module below. For a more complete description of what the Accounts Payable module has to offer, please download our product sheet.

• Vendor Browser: All of the information your organization needs for its vendors is stored in one area via a Vendor page that records vendor-specific information. Link each vendor to General Ledger cash and payable accounts to address vouchers from the vendor.
• Track 1099 Vendors: Save time by letting FIMS keep track of which vendors should receive 1099s at year-end.
• Print Checks: Reduce time and get important grant checks out to your grantees, or administrative checks to vendors.
• Item Entry Browser: Unposted items are efficiently listed in this browser, providing a speedy lookup of grant vouchers, administrative vouchers, prepaid administrative vouchers, prepaid vouchers applied to existing grant or administrative open items, and debit memos.
• Open Items Browser: Access all of your open items in one browser. Place an open item on/off hold and create a payment item (prepaid) against it. Create a debit memo. Edit the open item, changing the due date, payment schedule, 1099 status and payee.
• Item History Browser: Searching for posted items in the Accounts Payable module is a snap using this feature, which keeps a record of every item ever posted in Accounts Payable.
• Payment Browser (on-screen check register): All of your payments from check printing as well as those recorded as prepaids/hand checks posted from item entry are easily found in this area.
• Checking Account Reconciliation System: System fully integrates with Accounts Payable, with all checks and voids entered automatically in the reconciliation system. Directly enter a deposit, fee or interest. Balance your checking account against your bank statement.
  

Product Literature

Request More Information