LOCIS Accounts Payable Module
Issues checks, record manual checks, issue 1099's, and manage all non-payroll expenditures. This module includes Check Reconciliation.
Key Benefits
Invoice/expense distribution across multiple funds
Cash requirements management
Purchase discounts
Due to – Due from processing
Warrant/Claim list
Board list – Fixed Expense entry – Meeting cycle or monthly
Check printing (generic or pre-printed form) in Laser, Inkjet, or Dot matrix styles
Issued check void process
Manual check processing
Annual Treasurer’s Vendor Payment Report
1099 forms
Purchase order encumbrance interface
Vendor/General Ledger expenditure history
Automatic journalization to General Ledger
Project tracking
Retains distribution entry
Optional Welfare Payables interface
Direct pay vendors using standard NACHA file submitted to bank (paperless checks)
Proposal will be sent when requested.