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Accounts Payable Functionality in Microsoft Dynamics GP

October 1, 2013 12:55 pm Published by

The Payables Management module in Microsoft Dynamics GP enables you to automate routine and complex accounts payable tasks with real-time statistical history, account control, payment scheduling, easy reconciliation, and check printing. Keep accurate and up-to-date information about money owed, due dates, and available discounts at your fingertips. Track vendors including multiple ship to addresses, payment terms, credit limits, vendor items, and much more.

You can manage your expenses more effectively with Dynamics GP’s comprehensive vendor information, payment scheduling and tracking, and real-time cash flow status data. You can save time by streamlining vendor information for instant recall of billing, payment discounts, shipping methods, default purchase accounts, and user-defined vendor information.

Make your best business decisions with quick and easy inquiry tools and windows, along with a comprehensive set of reports that enable you to accurately analyze your accounts payable activities. You can get instant views of unposted, posted, and historical transactions, and complete vendor, credit, and payment information.

Save time with automated payment vouchers and scheduling, and intuitive transaction entry. Defer payments or costs over multiple periods with automatically managed calculations and journal entries, customized to suit your specific business needs.

You can manage your payables control accounts by reporting segments, and display a breakdown by segment values of your central control payables account. Get an accurate look at amounts owing by segment value with no need to manually reconcile reporting segments.

Interested in fewer and more accurate check batches? You can edit individual checks in a batch before processing by viewing all vendors and invoices in one window, then marking and unmarking vendors and payments before release.

About MIG & Co.

MIG & Co. is a professional consulting firm that specializes in the implementation of business management software solutions, including Microsoft Dynamics GP, SL, and CRM. We automate business processes to ensure that our customers work efficiently. MIG is a Microsoft Dynamics Gold Certified Partner.

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