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Construction Accounts Payable Software

 

The FOUNDATION® Accounts Payable Module makes managing payables simple, to save time on data entry and on finding the job-based reporting you need.

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Accounts Payable Software Features

Contractors working hard waiting to get paid

Easy Accounts Payable Invoice Entry

Efficiently enter invoices and retainage with minimal keystrokes. Conditional defaults pull in the appropriate information instantly, and automatic error-checking helps prevent imbalances and other mistakes.

  • Schedule or quickly recreate recurring invoices.
  • Create and print lien waivers and credit memos.
  • Perform one-step reversals for fast corrections.

Flexible Invoice Payment

Easily find the invoices and retainage you want to pay, and select the amount based on due dates, discounts and holds — as well as the projected impact on your cash accounts.

  • Record check or electronic payment at time of entry or in your normal check run.
  • Preview the impact of payments using pre-check registers.
  • Run checks by individual invoice or in selected batches by vendor.
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Team reviewing their accounts payable construction reporting on a job site

Accounts Payables Reporting

Stay on top of payables at all times with reports organized by vendor, job and more. Easily filter, sort and drill down to invoice-level detail.

  • Monitor accounts receivable aging and retainage by job, vendor, PM and project class.
  • Track tax liabilities, and even print or e-file 1099s.
  • Set alerts for approaching-due or past-due accounts payable invoices.
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To go in and instantly pull up an invoice makes the audit procedure so much easier for us.

Neal Adams – VP

Adams Masonry Inc.

See What Foundation Software can do for You!

Simplify payments. Schedule a personal demo of our Construction Accounts Payable Module and see how easy payment tracking can be.

Schedule a Live Demo