Manage vendor invoices, automate payment processing, predict cash requirements, track vendor balances, optimize available discounts, and delivery vendor reports. Access reports anytime, anywhere a web browser is available.
Accept Vendor Prepayments
Get ahead by tracking prepayments end-to-end: enter requests, issue prepayments, and apply them to invoices as they are received. Acumatica keeps it all organized by maintaining the prepayment balance separately from the regular AP account.
Recognize Prepaid Expenses
Assign a deferred expense schedule by AP line item, and automatically split payments between the prepaid account and expense account.
Automatically Calculate Taxes
Acumatica eases tax complications by automatically calculating use and VAT taxes and preparing tax filing reports. Assign a default tax zone to each vendor, which can be overridden as necessary during invoice entry. Tax calculations can include multiple tax items per document line, deduction of tax amounts from a price, and tax-on-tax calculations.
Speed Up Invoice Approval and Payment
Set up your accounts payable process conditionally to automatically approve invoices for payment or follow a defined approval process before documents are processed and paid. Designate an account to pay from, or select a payment method.