FastFund Accounts Payable Module is fully integrated with FastFund Accounting General Ledger. The integration of the General Ledger and the Accounts Payable does not require separate download or linking procedures. All Vendor activity is automatically posted to the General Ledger.

Your organization will benefit from using FastFund Accounts Payable by helping to manage your vendor invoices and payments. Entering your invoices in Accounts Payable will help you pay invoices on time, track grant and program spending when you incur expenses and help forecast cash flow.

FastFund allows you to keep multiple Accounts Payable control accounts, each with its own subsidiary ledger. This is useful if you want to separate vendor payables and other payables, such as client payables.

Recording vendor invoices automatically posts the accounts payable and expenses to your general ledger and records the activity in the vendor detail file. Unpaid invoices are listed in Pay Bills with the original invoice date, amount and balance due. The Print Checks function automatically reduces the vendor balances and creates the cash disbursements transactions. You can also record manual checks written to pay vendors through the cash disbursements journal.