CONTROL COSTS VIA WORK ORDERS, PURCHASE ORDERS AND VARIANCE PURCHASE ORDERS
In
MARK SYSTEMS' homebuilder software, all
construction costs can be pre-determined based on contracts, take offs
or approved VPOs. Stored in one central data base, each of these purchase
documents can be electronically approved for payment as construction status
is update from the field. Approved purchase documents can be processed
through Accounts Payable invoicing instantly, in bulk. No more invoice
data entry: with
MARK
SYSTEMS' home builder accounting software, you can process 1,000 invoices
in 10 seconds!
FULLY FEATURED, FULLY INTEGRATED ACCOUNTS PAYABLE
Through the
IHMS Accounts
Payable Module, open invoices are entered to distribute expenses to
the appropriate General Ledger accounts (with or without multiple companies),
and to produce checks for the payment of these invoices to common vendors.
This module interacts seamlessly with the
IHMS
Home Builder Job Cost Software,
General
Ledger,
Cash Receipts, Warranty,
Purchase
Orders, and
Work
Order modules; and includes every feature required for proactive control
of payables and cash flow. All home builder subcontractor information
is managed in a
Vendor Masterfile System, containing all vendors for all companies.
Open invoices and payment history may be viewed here.
AUTOMATED CHECK PROCESSING ACROSS MULTIPLE COMPANIES
MARK SYSTEMS IHMS home builder software includes
Automatic Payment Selection Processing for the generation of computer
checks for invoices in the system. Payments can be selected by company,
vendor, or individual invoice, by date, due date, discount date or pay
cycle. Each company may of course pay it's own invoices, but any company
may also pay another company’s invoices at the user's discretion.
Naturally, all the appropriate due to/from General Ledger postings are
automatically made in all the companies. Partial payments, 3rd party checks
and credit memos are all included as required.. Preprinted checks or laser
checks are available, along with MICR check printing and optional signatures
and logos. Manual (hand) check processing provides for handling invoices
already in the system or for outside invoices.

UNLIMITED TRANSACTIONS, UNLIMITED REPORTING
Utilizing the same, single real-time SQL data base as all of
MARK
SYSTEMS' homebuilder software, the
IHMS
Accounts Payable Module gives you instant access to every transaction,
report, form or document related in any way to invoice processing. With
no limitations on storage or data, IHMS includes complete transaction
history for every subcontractor, every house, every invoice. Open and
paid invoice reports by company, vendor, community or house are available
instantly, at any time. Drill down from any transaction directly to
the invoice entry screen that generated it, and even all the way to
the original source document. Of course, full Document Library Management
functions are included at the vendor and invoice level, eliminating
the need for paper files and putting your information at your fingertips.
The Bottom Line: MARK SYSTEMS Accounts Payable Software improves
cash flow, reduces invoice processing effort, and helps control and
eliminate cost overruns.