A/P Lite
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General Ledger

Accounts Payable Lite for Windows

This system is a simplified disbursement processing and accounting system.

Financial institutions use A/P Lite to refund credit balances on loans to comply with Regulation Z, Part 226. Other organizations use A/P Lite to issue refund or rebate payments. 

A/P Lite does not employ a vendor file and does not track vendor history. If you are looking for a full-featured Accounts Payable system, look at our Accounts Payable for Windows product.

Key Features

bulletA/P Lite sharply reduces processing time and costs while providing full management, accounting and auditing information.
bulletTo further streamline the process, Weston & Muir can provide custom import modules that will automatically perform the data entry task using data prepared by other external accounting programs. These import modules are offered at the nominal cost of development, usually less that $300.
bulletAn unlimited number of general ledger distributions can be entered for each payable item.
bulletStandard distributions provide for quick entry of complex and repetitive distributions with automatic calculation based upon percentages or equal splits.
bulletHandles both cash and accrual based accounting. You can regularly make payments on a cash basis and perform periodic accrual posting for pending payments.
bulletGeneral Ledger transactions can be printed on G/L tickets or transmittal sheets. Or, they can be exported to your mainframe. G/L export formats include:
bulletPhoenix International
bulletM & I DataServices
bulletITI
bulletDimension
bulletBroadway & Seymour
bulletMellon
bulletBMA BankRite
bulletCustomized and others
bulletProvides predefined and user-defined check formats, continuous or sheet. Facsimile signatures can be printed on checks.
bulletA/P Lite maintains complete account distribution and payment history for as long as you wish. New payments are checked against previous payments for duplication.
bulletAny payment, posting or check can be reversed and voided; reversing G/L transactions are automatically generated.
bulletCritical data is fully edited and validated, including g/l account and branch/responsibility center numbers. Data entry is assisted by pick-lists of valid entries. New branches and g/l accounts can be added to validation tables on the fly as payments are processed.
bulletIncludes a complete check register and reconciliation system. You’ll know at a glance whether an item has been paid and the check number issued.
bulletHandles multi-company accounting (two companies are standard, more are available). You can process for multiple organizations, the bank and a subsidiary, for example.
bulletOver 15 standard reports, many with sort and select options. All reports can be previewed before printing. Although a full range of reports can be produced from menu choices, additional ad hoc reports can be produced using a powerful built-in report generator.
bulletA/P Lite provides complete user flexibility, control and ease of use. The program employs modern programming techniques and a proven user interface; most actions can be accomplished in a "point and shoot" manner. What used to take hours can now be done in minutes.

Key Benefits

bulletRegulation Z compliance.
bulletReduces manual processing time and costs while providing full management and accounting information.
bulletReduce errors because critical data is validated and balanced. Reduce management review time using a pre-post report showing complete payment and distribution information.
bulletAn unlimited number of G/L distributions can be entered from the keyboard or automatically by using predefined standard distributions.
bulletProvides both cash and accrual based accounting. Your G/L can always reflect your expense/liability situation.
bulletAvoid paying duplicate payments. The system automatically checks and flags any possibility of making a payment twice.
bulletComplete payment history can be recalled instantly or reported at will. Payments and checks are cross-referenced. You'll be able to reduce departmental file storage requirements.
bulletYear 2000 Compliant.
bulletWith over 15 standard reports, many with sort and select options, you'll be able to research previous payments.
bulletPrint G/L transactions and checks on your existing forms. Export G/L transactions to your G/L system.

pdfSample Reports - Click this link to download printable sample reports in Acrobat® Reader format. If you don't have the latest version click on the button below to download Acrobat® Reader from the Adobe® website.

Get Acrobat Reader

Pricing

Prices start as low as $1200 for a single user license. Call for specific pricing.

Evaluation

An evaluation version of this product is available by mail; just use the Information Request Form on the Contact Us! page.

Information

To produce a quick reference, use your browser to print this page. If you would like to have us send you additional information or an evaluation version of one of our programs, use the Information Request Form on the Contact Us! page.

Weston & Muir, 1536 Parvenu Lane, Fallbrook, CA 92028
800-487-5655

 

 

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Copyright © 2007 Weston & Muir
Last modified: 11/22/2007