Accounts Payable

Accounts Payable Highlights

Online inquiry grants immediate access to account information
Eliminate redundant data entry
Post recurring payables
Handle multiple banks, currencies and GL accounts
Prepare cheques automatically
Calculate exchange rates, discounts, and taxes
Set up supplier profiles
Process payments automatically
Match purchase order receipts and payable invoices
Calculate landed costs of products automatically

AXIS Accounts Payable tracks supplier invoices and payments in a single or multiple company environment. Fully integrated with all other AXIS applications, Accounts Payable accepts automatic posts and ensures an accurate Accounts Payable sub-ledger.

For accurate and timely payment processing, Accounts Payable lets your club create supplier profiles containing all supplier payment information, maintaining and tracking invoices by supplier for easy account balancing and integration with General Ledger.

Accounts Payable handles automatic or manual payments, partial payments, prepayments, and Direct Deposit Electronic Funds Transfers. It also manages recurring payments for each supplier automatically, eliminating redundant data entry and ensuring timely payment on regular commitments.

To help track and process payments, Accounts Payable offers a range of reports including auditing reports, open and aged payables reports, sales volume reports, and direct deposit remittance reports.

Using information from the 1099-MISC form, American auto clubs can automatically submit electronic year-end tax information to the IRS.