LOGIC Accounts Payable application is a comprehensive solution for
managing vendor information, invoices, and cash disbursement. which directly
reflected upon the company's profit margins. Also it substantially enhances purchases
department performance by influencing the decision of what, when and how to buy
and from what vendor[s].
LOGIC dealing with local purchases in accordance with the logical
arrangement of the procurement process so that all procurement steps are
recorded and approved through the system:
1 - Purchase orders issued by different departments (after approval by
the responsible director).
2 - Orders issued by the Purchase Department according to the purchase
orders and quotation’s comparisons.
3. Final purchase invoice upon receipt.
LOGIC Purchase Invoice screen covers all of your purchase info not just
invoice information:
- Items Quantity \ Value.
- Discounts, if any.
- Taxes.
- Stores competent to receive the order.
- Indirect expenses associated with the purchase process other than the
value of the invoice example: transport and shipping, commissions, gratuities
and gifts ... etc.
- Invoice’s attached documents such as a copy of the supplying order,
quality inspection form, conformity of specifications, receipt of the store … etc.
LOGIC ll handles the import process in a specialized and distinctive way. Through allocate a separate screen for each of the following:
1 - Expenses of each imported invoice separately.
2 - Documents attached to each imported invoice.
3 - A special screen that includes all documentary credentials for each imported invoice "Shipping Company, internal and external customs clearance expenses, items size and weight, price and currency exchange rates.
The Import invoice screen also characterized by adding the following data to the screen inputs:
Purchase currency and exchange rate - customs value of each item - taxes of each item - the share of each item of expenditure - the weight of the unit and the total weight of the item.
LOGIC uses all these inputs to calculate the total cost of the item and thus the cost of the unit, and finally achieving the most important goal in the import process:
LOGIC II organized the Accounts Payable module reports in a manner that
ensures and includes full and analytical expression of all input processed by
the program. Focusing into the extreme importance of the diversity of
choices and determinants during the extraction of reports from the program including
the following groups:
1. Basic program data reports.
2. Items reports, movement sheets, item statements and warehouse
replacement data.
3. Local and imported purchase reports including (purchase request,
purchase orders, invoices and purchase returns).
4. Debit\Credit notes and fines.
5. Purchase analyzes according to branches, suppliers, type of movement
and items.
6. Taxes and discounts reports, payments and debt lifespan.
7. Suppliers ledgers and balances.
This is in addition to LOGIC's ability to design reports of each activity according to the operational
and control needs of the various enterprises.