Accounts Payable

Efficient Supplier Management with Aquilon’s Accounts Payable Module

Streamlined Invoice Tracking: Introducing Aquilon’s Accounts Payable

Empower your business with efficient supplier invoice management using Aquilon’s Accounts Payable module. This powerful tool tracks and organizes incoming invoices from credit-granting suppliers, ensuring accurate record-keeping, optimized inventory management, and comprehensive financial analysis.

Comprehensive Invoice Tracking

Keep a watchful eye on incoming invoices from credit-granting suppliers. Aquilon’s Accounts Payable module is your ally in managing invoices that adhere to specific credit terms. With meticulous record-keeping, you gain insight into every step of your supplier transactions.

Diverse Invoice Types

Handle a range of invoices with ease. Whether it’s merchandise invoices for products or expense invoices for services like freight, utilities, or employee expenses, Aquilon’s module accommodates them all. It’s the versatile solution that adapts to your business needs.

The GRN Connection

The importance of matching invoices to Goods Received Notes (GRNs/ Accruals for products received) cannot be understated. Accuracy is paramount when recording inventory and cost of goods sold. The Accounts Payable module ensures these connections, keeping your records precise and transparent.

Accurate Financial Insights

Beyond invoices, this module empowers financial analysis and forecasting. Monitor year-to-date spending and accumulate values for a holistic view of your financial landscape. Plus, if you’re in the USA or Canada, you can seamlessly handle sub-contractor payment tracking for tax reporting.

Effortless Payment Integration

Paying suppliers becomes seamless with Aquilon’s module. Choose between check or electronic funds transfer (EFT) options. Payments are smoothly integrated into the relevant bank account in the Bank Book. For ad-hoc expenses, where checks are unnecessary, the Bank Book provides a streamlined solution.

In a Nutshell

Aquilon’s module revolutionizes supplier management. From invoice tracking to accurate financial insights, this tool empowers your business with streamlined processes, accurate records, and comprehensive financial analysis capabilities.