Enterprise 21’s invoice processing provides efficient management, reconciliation, and payment of invoices. This functionality offers the accounts payable team real-time information and a means to review the purchase order, associated receipts, and invoice, and resolve any discrepancies. This automated process provides both two-way and three-way matching to reduce processing time and data errors, and eliminate over payments. Read More...
Invoice Processing Highlights
- Supports both two-way matching and three-way matching
- Supports online routing and approval of invoices
- Places an individual vendor, individual invoice, and individual line on hold
- Tracks payment and discount information
- Supports sales tax processing
- Supports default currency
- Scans and stores scanned invoice images for online viewing
- Supports credits and adjustments
- Links cost adjustment back to original invoice and payment
- Calculates purchase price variance
- Supports recurring vouchers
- Supports periodic expenses