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Accounts Payable
Take Charge of Purchasing – Flexible & Efficient Payment Processing
IBS Bookmaster Accounts Payable provides an effective and easy-to-use system for controlling day-to-day purchases and will ensure that payments are managed in a timely and efficient manner.
FEATURES
IBS Bookmaster Accounts Payable has many automated features such as:
- Alpha search
- Automatic and/or manual payments
- Automatic interface from purchasing module
- Can withhold amounts for withholding tax purposes
- Cancelled checks
- Caters for foreign currency and multiple bank accounts
- Integrated with the General Ledger, with postings on an 'on demand' basis
- Interface to Editorial & Book Production, Expense Control and Royalties
- Invoice authorization
- One time creditor
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Accounts Payable: Due for Payment Selection
BENEFITS
IBS Bookmaster Accounts Payable will benefit your business in a number of ways:
- Allows for automatic payment of royalties
- Allows you to analyse amounts owing in real time
- Allows you to effortlessly control expenses within book production and project management
- Choose from a flexible payment option
- If original documentation is lost it can be included in contingent liabilities as it is registered on the system
- Instantly access information relating to any payment trail
- Interface from purchasing module saves duplication of data entry tasks
- Payments can be made on behalf of any subsidiaries
- Unapproved invoices are circulated for approval with facilities in place to automatically adjust to approved status when appropriate
- User-controlled updated General Ledger
Contact IBS for more information »
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