Accounts Payable for Contractors

EZJOB Purchases provides tight control over disbursements, cash requirement projections, immediate review of each vendor's payable and paid items, distribution of charges and discounts to the general and job ledgers, and prevention of costly errors such as duplicate invoices, P.O., or subcontract overruns, accidental charges to closed jobs, etc.

Purchases reports include -

• Payment selection and cash requirements
• Subledger with aging by invoice or due date
• Checks and register
• Monthly check registers, with distribution
• Invoice and disbursement journal vouchers
• Vendor history and inquiry
• Vendor master list
• 1099's and register
• Purchases by Job
• Retainage payable by vendor
• Purchase and vendor detail

Flexibility and ease-of-use features include the following -

• Invoices can be selected for payment by due date, by job, by vendor or individually
• Any number of partial payments of an invoice can be made
• Discounts are calculated and taken automatically (subject to override)
• No over-release of retainage
• A vendor's unpaid and recently paid items can be viewed on demand
• Each invoice can be distributed to any number of accounts and cost centers
• Computer checks, manual checks and voids are all registerd
• Multiple cash accounts can be used
• Multiple payables control accounts (for subcontract payable, etc.) can be used
• All transactions are journalled automatically
• User is warned when vendor's insurance is expired or subcontract has not been received

EZJOB Accounts Payable in Action:
Manage your Vendors	Record Invoices
Print A/P Checks	Record Payment at Purchase

For more information regarding our construction accounting software please visit our homepage or review some of our articles discussing the benefits of choosing the right construction software.