G2
Accounts Payable
Responds to
the needs of companies with complex accounting procedures.
With G2 Accounts
Payable, you can manage the money owed to suppliers and issue payments for
all types of disbursements (dividends, deductions at the source, etc.).
Functionality
- Automatically extracts taxes included
in an expense account.
- Establishes payment terms as of the
month-end (e.g. 1% on the tenth day of the following month).
- Calculates cash discounts before and
after taxes.
- Offers flexible methods for selecting
which bills to pay: by due date, by supplier, by priority, etc.
- Records manually issued checks.
- Links to the G2 Purchase Order module
to compare prices confirmed during ordering, as well as the quantities
received.
- Issues post-dated checks and carries
them forward to the corresponding accounting period in the general
ledger.
- Issues payments in other currencies.
- Can put a stop payment on a bill.
- Produces a list of outstanding checks.
- Cancels checks easily and automatically
produces reversal entries.
- Can post detailed purchase information
to the general ledger by invoice or by monthly summary.
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General Ledger
Expense Account Entry
