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Microsoft Great Plains PM: Payables Management
By Vincent Ong

Microsoft Business Solutions Great Plains is marketed for mid-size companies as well as Navision (which has very good positions in Europe and emerging markets where it can be easily localized).

Great Plains Payables Management (PM) module improves control over your payables. With easy access to comprehensive vendor information, payment scheduling and tracking, and up-to-the minute answer to your cash flow status, this module allows you to manage your expenses more effectively.

PM maximizes operational efficiency by empowering employees with advanced search capabilities that provide quick and easy access to the information they need. This module also simplifies expense allocation like deferring payments or costs over multiple periods with automatically managed calculations and journal entries customized to fit your business needs.

Features:

• Extensive Drill-Down – Cross-module drill-down capabilities give you the ability to locate the exact details you need.

• Comprehensive Vendor Information – Streamline your vendor information with vendor categories for consistent record maintenance and comprehensive data, including addresses, shipping methods, default purchase accounts, and user-defined information.

• Installment Management – Automate your vendor installment payments by creating schedules, calculating interest, amortizing amounts, and forecasting the impact of variable interest rates, payment amounts, and installment changes.

• Expenditure Control – Manage expenditures with full control over check runs and tracking of after-the-fact payments that use manual check entries, credit cards, or cash for transactions.

• Control Account Management – Manage your payables control accounts by reporting segments, such as cost center, division, department, program or fund, and display a breakdown by segment values of your central control payables account. Eliminate the need to manually reconcile reporting segments and get a true account of amounts owing by segment value.

• Automatic Posting - Automate posting for each vendor to designated General Ledger accounts for recurring transactions, or streamline distribution for vendors without specified purchase accounts.

• Complete Payables Reporting – Create a comprehensive suite of payable reports that can be sorted by calendar or fiscal year with on-screen display and search, or combine with Microsoft® Business Solutions–Great Plains® applications such as Report Writer or Crystal Reports® for greater reporting flexibility.

Good luck with implementation, customization and integration and if you have issues or concerns – we are here to help! If you want us to do the job - give us a call 1-630-961-5918 or 1-866-528-0577! help@albaspectrum.com

Vincent is a Great Plains specialist in Alba Spectrum Technologies ( http://www.albaspectrum.com ) – USA nationwide Great Plains, Microsoft CRM customization company, serving clients in Chicago, Houston, Atlanta, Phoenix, New York, Los Angeles, San Francisco, San Diego, Miami, New Orleans, Toronto, Montreal and having locations in multiple states and internationally


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