Product Overview

APCB - A/P Cash Basis
A/P Cash Basis allows the user to enter Accounts Payable transactions in the normal fashion. The APCB changes are virtually transparent during data entry. Companies can be set as cash or accrual basis in the Accounts Payable/Options window. One company on the system can operate on a cash basis, while another operates on an accrual basis. If a company is to operate on a cash basis, G/L postings are not made when the Invoice Journal is updated, but instead are saved and then posted when the check is written. Manual Check Entry, Check Entry and P/O are fully integrated. A/P Sort Rebuild can initialize the necessary cash basis files from open invoice data that was expensed on an accrual basis.

ARCB - A/R Cash Basis
A/R Cash Basis allows the user to enter Accounts Receivable transactions in the normal fashion. The ARCB modifications are nearly transparent to the user performing data entry. General Ledger postings are not made when the Invoice Journal is posted, but instead are stored and posted when that cash is received. There is full integration with both the Sales Order and Job Cost programs. There is a utility feature built into the A/R Sort Rebuild program that can be used to initialize the necessary A/R Cash Basis files, from existing Open Invoice information that was originally posted on an accrual basis.