Accounts Payable

Accounts Payable

  • Maintain vendor data and history
  • Process payables for time-to-time and recurring vouchers including adjustment, cancellation, and prepaid
  • Inquire about vendors for purchase and payment history
  • Print checks and post, void checks if necessary
  • A/P aging, open payables, cash disbursement projection reports, etc.
Account Receivable

Check Reconciliation

  • Maintain bank accounts
  • Process checkbook data and adjust when necessary
  • Transfer checks/deposits from A/R and A/P modules
  • Inquire about checking accounts for transaction history
  • Reconcile bank statements
General Ledger

General Ledger

  • Maintain chart of account
  • Define accounting period for a fiscal year
  • Manage budget and comparison for each fiscal year
  • Process general, standard, and recurring journal entries
  • Get distribution data from sub-modules such as A/R, A/P, C/R and Inventory
  • Inquire about accounts by period and date range
  • Source cross-reference by source and journal
  • Generate trial balance and financial statements
  • Balance sheets with schedules
  • Profit and loss statements with schedules
  • Changes in working capital statement
  • Cash flow statements
  • Changes in financial position
  • Process fiscal year-end procedure

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