Accounts Payable

Accounts Payable is an integrated module designed to accommodate all types of payments to vendors and independent contractors with a minimum of effort. This system simplifies daily activities and check writing, including computer generated and manual checks. Because it was designed by C.P.A.s, the LifeCare Plus Accounts Payable system is very simple and efficient to use, while providing complete audit controls. This is a core module.

Key Features

• Provides complete integration to General Ledger (GL) module
• All entered invoices and checks written produce GL distributions with automatic creation of journal entries & postings
• Vendor file includes default GL account codes, standard terms, normal due date, and 1099 information to automate entries
• Provides automatic calculation of discount amounts & due dates
• Allows for processing of multiple facilities using one A/P System
• Distribution of expenses to GL can be for either the current or future accounting periods
• Manual checks may be entered with or without existing invoices
• Provides Cash Requirements report by vendor
• Provides subtotaling capability during invoice selection process
• Automatically prints computer checks
• Pays multiple or partial invoices on one check with detailed remittance advice
• Allows entry of detail for voided & manual checks
• Provides inquiry into open payables by due date, vendor, and/or specific invoices
• Maintains detailed vendor history for on demand display/printing
• Prints 1099s for payments to selected vendors
• Allows batch invoice entry with audit trail
• Provides automatic check writing for recurring invoices/payments
• Produces one-time checks on miscellaneous vendors or resident refunds
• Provides a detailed audit trail of all transactions posted to GL
• GL postings can be in summary or in detail
• Reports detail A/P by vendor, GL distribution, and/or summary accounts distribution

When you're ready, contact us for a free demo to learn how the LifeCare family of products can address your organization's needs.