i) Accounts Payable

Steel Manager III

a) General
b) Inventory Control
c) Purchasing
d) Sales
e) In-House Production
f) Picking & Confirmation
g) Shipping
h) Outside Processing
i) Accounts Payable
j) Accounts Receivable
k) General Ledger
l) Reports

The Accounts Payable module in Steel Manager III (SM3) metal distribution software helps you organize your cash flow efficiently and accurately. With the ability to break down the landed cost and the automatic accrual mechanism, you're able to accurately validate vendor invoices and track any purchase variances.

Break Down and analyze all components of landed cost
Using the SM3 disbursement module together with our cash forecasting, you will always cut the right cheques at the right time.
Inventory Receipts are matched to Vendor invoices comparing actual to estimated costs for all components of landed cost
Accrual accounting: Receipts are accrued at time of receipt to assist in matching expenses with revenues in the same accounting period
Reports and inquiries keep track of payments due, vendor analysis and aging