The USC Accounts Payable Module will assist you in effectively and efficiently managing your company's expenditures. We all need to save time and money, and with this advanced module you will be able to work seamlessly with other USC modules to ensure all information is accurate with a wide variety of reports. The functionality of this module will help you get a handle on your company's purchasing power and give you the peace of mind that all transactions are taken care of in a timely manner.
The Accounts Payable System is designed to assist the user in managing cash disbursements, generating reports to assist managers in the controlling of purchases from and payments to vendors, generating year-end filing reports, tracking invoice histories and maintaining a vendor database.
Retain transaction details for an entire fiscal year or for only the current period. Regardless of the option selected, account balances are maintained for the current and previous fiscal year.
Prior Period Adjustments
Access prior periods and make adjustments or even add new entries.
Maintain separate accounting systems for an unlimited number of companies, each with their own independent chart of accounts, fiscal year ending date, etc.
Budget vs. Actual
Maintain a budget and produce Budget vs. Actual comparisons.
Departmentalize the income statement including automatic postings to a consolidated company total department, while still being able to produce separated income statements.
Enter and retain transactions for new periods before closing out the current period.