Property Management Accounting: Accounts Payable
The AP module helps you keep track of vendors and invoices, as well as write checks for outstanding payables for 1 or 1000's of properties. Share vendors with multiple properties. Use Cash or Accural method.
Specific access permissions can be assigned to each AP user for invoice entry, payment authorization, public mode (“read-only”), and check writing.
Access to invoices can be set up by property so that:
- Regional managers can see only invoices for properties under their supervision.
- Site managers can see only invoices for sites that they manage.
- Cut Auto, Manual or Electronic checks as based upon various filter selections.
- Corporate users have special rights to see management company accounts.
- Use vendors that work at different sites under same Vendor ID and use One Time Vendors, as well.