BMS offers a fully integrated accounting package. All the modules work together to streamline the posting of various accounting practices. The POS sends information to GL, Payroll works with Timecard software and updates GL, Accounts Payable shares the vendor files used for Inventory control and in turn updates to GL. Balance Sheets and Profit and Loss statements can easily be generated.
Accounts Payable- The Accounts Payable system allows posting of vendor invoices and printing of checks. Recurring payments allow for the automatic payment of rents, leases or other fixed periodic payments. Cash requirement reports and vendor aging analysis are helpful in controlling your cash. The system compiles vendor information such as year-to-date purchases, discounts earned vs. lost, average days to pay, and 1099 total. All purchases and disbursements automatically post to the general ledger.