WoodPro InSight's Accounts Payable software module is designed to handle the processing and payment of supplier invoices in an efficient manner, with a high level of control. The emphasis is placed on cash flow management, where the system tracks cash requirements and discount opportunities, and features automatic accounts payable accruals. The accruals software function works particular well for lumber, wood, logs, building materials, and transportation suppliers.

The characteristics of the accounts payable system are similar to the accounts receivable system. A comprehensive supplier database is maintained containing all information relevant to purchasing: purchase history, supplier terms, discount opportunities, remarks, contacts, and various purchasing statistics.

Aged payable, purchase analysis, ranking, ranking comparison and supplier performance are also available.

Computer checks feature "quick pay", where non A/P invoices can be paid or added to other A/P checks on a check run. The Manual Check function also allows handwritten checks to be processed whenever necessary.

The Accrued Payable Inquiry features a list of all payables that have been accrued through the Purchase Order or Order Entry truck charge section by supplier.

Below are some additional Accounts Payable features:


DAILY PROCESSING INQUIRIES REPORTS
Misc Supplier Invoice Aged Payable Inquiry by Supplier Aged Payable
Freight Accrued Payable Payable Inquiry by Due Date Ranking
EFT Processing Accrued Payable Inquiry Ranking Report by Supplier
Automated Clearing House Display Accrued Payable Totals Freight & Other Accrued Costs
Payable Adjustment Check Register Inquiry Inventory Supplier Accrual