Products

Accounts Payable

Prophet 21 SBE streamlines your accounts payable (AP) processes by directly integrating your inventory receipts and purchase orders. Check processing and payment processes ensure that you don't lose discounts and that bills are paid on time. Furthermore, you can choose payment types by either vendors or invoices. Your salespeople will benefit from enhanced commission functionality, including the ability to split commissions.

• Automatic invoice reconciliation
• Process payments
• Automatically reinstate vendor invoices for payment when voiding checks
• Pull up inventory receipt by the external purchase order number
• Adjust inventory value with price discrepancies
• Set default purchase accounts
• Bank/cash account reconciliation

Accounts Receivable

Cut your accounts receivable (AR) days with Prophet 21 SBE. Prophet 21 SBE enables you to track your customers' outstanding invoices and set alerts when days or balances exceed levels you set. Notes and follow-up capabilities provide a history of conversations to aid when making calls. Flexible posting methods make it easy to track whether a check is for multiple invoices or for consolidating several corporate accounts.

• Online cash collections
• Consolidate corporate accounts payments
• Designate customers' invoice preferences
• Print collection notes on aged trial balance
• Track customer average days to pay
• Apply cash receipts to multiple invoices
• Convert foreign currency

General Ledger

Prophet 21 SBE's real-time general ledger provides up-to-the-minute financial statements, giving you a better handle on your company's financial situation as business is transacted, and allowing you to be proactive instead of reactive. Financial reports can be run daily with drill down capabilities that allow you to access historical information for faster auditing. A predefined chart of accounts and financial statements saves you from creating your own financial statements.

The real-time general ledger also eliminates laborious day-, month-, and year-end closing processes. Plus, multi-currency functionality - including Canadian check processing - makes it easier to do business wherever your business partners are located.

• Real time information
• Transaction drill down
• Write financial reports
• Reverse entries
• Month- and year- closing
• Export financial data to Excel
• Predefined chart of accounts and financial statements

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