Product Scorpio Financials Accounts Payable

Scorpio Financial - Accounts Payable


Scorpio Financial - Accounts Payable allows full processing of all data relating to an organisation's transactions with their creditors. The module can be fully integrated to the ledger modules (General Ledger and Project Ledgers), the purchasing module, cash book (for Bank reconciliation purposes), The module supports multi-Company operations, multi currency, Retention's and GST calculations, Cheque and EFT payments and allows creditors to be categorised for analysis processing and reporting purposes. Full sets of standard operating reports are also included.


Unique Features

  • Support for Multi-company

  • Support for Multi-currency

  • Open Item Allocation for Ageing of Creditors

  • Configurable Ageing Intervals

  • Ability to handle retention Invoices

  • Ability to calculate GST Automatically

  • Integrates with the applications General Ledger system enabling consolidated reporting across multi company ledgers.

  • Facilities to process invoices, credit notes, debit notes, adjustments with capture of Project, General Ledger and Fixed Asset distribution details.

  • Open item allocation may be made at time of transaction entry.

  • Powerful, flexible and user-friendly payment selection, preparation, allocation and Cheque production facilities.

  • Ability to maintain history of closed items and item allocation history for an indefinite period.

  • Period-to-Date or Year-to-Date Aged Trial Balance in summary or detail form.

  • Functional Alerts for payment due date and Able to generate reports for

  • Individual segments.

  • Workflow for posting process

  • Customisable Supplier View definitions