Accounting Package (Includes GL, AP & AR w/MICR)

$595.00

Description

  • Seven sample Chart of Accounts available for ease of use
  • Unlimited number of Vendors
  • Unlimited number of Departments
  • Recurring GL Entry capability
  • Bank Reconciliations
  • Fixed Asset & Straight-Line Depreciation Management
  • Set Monthly or Yearly Budgets with comparative reporting
  • Set Automatic P&L Inventory – Using beginning and ending Inventory totals (not detailed inventory)
  • All GL Reports are customizable
  • Business Consolidation Function
  • Cash Flow Reporting
  • Create Invoices and Statements
  • Automatic Invoice Numbering option
  • Enter payments and apply credits
  • Calculate Late Fees
  • Recurring AR invoicing feature
  • Unlimited Customers
  • Multiple “Ship-to” address capability
  • Set Customer credit limit and warn when exceeded
  • Unlimited Sales Items
  • Ability to customize taxation of Customers and/or Sales Items
  • Unlimited Sales Tax Codes/Rates
  • Service or Sales Item style invoice format available
  • Report Sales by Salesperson
  • Customer Balance Report
  • Aged Receivables and many other reports available
  • Option to post deposits and payments separately or as a lump sum available
  • Purge Invoices
  • Post AR to GL on a “Cash” or “Accrual” basis at any time
  • Add customers on the fly
  • Unlimited Vendors
  • Add Vendors on-the-fly
  • Use Vendor “Terms” to automatically calculate “Due Date”
  • Automatically calculate discounts
  • Make partial payments
  • Check Register, Aging, Projection, GL Posting and History Reports Available
  • Purge Payable Entries
  • Post AP to GL on a “Cash” or “Accrual” basis at any time

MICR is a great time and cost-saving feature for users that print checks for multiple businesses. The MICR (Magnetic Ink Character Recognition) module gives you the ability to print the entire check (company, bank, payee and MICR encoded line) on blank check stock. The same blank check stock can be used for an unlimited number of companies or multiple checking accounts within the same company. The stock is much less costly than (and eliminates the need for) preprinted checks, it greatly reduces storage space requirements, and the liability of having pre-printed check stock on hand is non-existent.

This software requires a MICR Toner Cartridge for your “check” printer. The magnetic toner allows the bank’s sorter/reader equipment to accurately scan and process the MICR encoding on the bottom of the check.