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- ABS Accounts Payable System - American Business Systems, Inc.
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- KEYWORDS: accounting, accounts payable/receivable, Accounts Payable , 508
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- The ABS Accounts Payable System is an effective cash management system
- designed to minimize both expenses and clerical processing costs by providing
- the user with comprehensive controls. The system supports both cash and
- accrual accounting methods, and it maintains a complete purchase history on
- each vendor. It automatically computes and takes vendor discounts, pays
- standard expenses such as rent and equipment leases, and supports up to 9999
- banks and checking accounts. The system allows the user to define multiple
- aging categories and it flags unusually large vendor invoices. It also
- supports four payment types: pay-when-due, prepaid, always-take-discount, and
- place-on-hold. The system generates cash requirements, aged payables, vendor
- history, 1099's, account distribution, and a number of journal reports. The
- system interfaces with these ABS modules: General Ledger, Purchase Order
- Management Bank Reconciliation, and Job Cost. Single and multi-user versions
- are available. The version 7 release includes windows, search routines, hot
- keys, and an on-line calculator.
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- American Business Systems, Inc.
- Tel: (508) 250-9600
- Fax: (508) 250-8027
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