Payables Module

Our Clients Include

Boost Sales, Retain Customers and Save Money

TOPSOFTCRM is an online customer relationship management software application that provides company's sales, marketing, and support staff and managers with powerful tools to perform their roles more efficiently and effectively.CRM software enables companies to increase sales by automating manual sales and marketing tasks,improving current and potential customer experiences, and providing managers with critical information to help them understand and further develop their businesses.

Our solution is an affordable and easy to use customer relationship management (CRM) platform, designed to help your business communicate with prospects, share sales information, close deals and keep customers happy. Thousands of successful companies use TOPSOFTCRM everyday to manage sales, marketing and support.

As a web-based CRM solution, it is easy to customize and adapt to your changing needs. Ideal for small and medium-sized companies, large enterprises and government organizations, TOPSOFTCRM can run in the cloud or on-site.

At Topsoft we are passionate about development of cutting edge websites and online software for businesses of all sizes. Our professional approach will ensure that your online presence stands out from the crowd. Using your business objectives along with our development and programming expertise, we can bring a whole new dimension to your business


A primary function of the system is to track the amounts owed by the business to suppliers in both local and foreign currency. The system shows, invoice-by-invoice, the balance on the account and does not lose the detail of what makes the account up in a balance brought forward - it is an "open item" system. When payments made to suppliers are entered and allocated to invoices, the differences on exchange are calculated and posted to the general ledger - that is only if integration to the general ledger is enabled from the company preferences page under the setup tab.

Note that in some countries the word "Vendor" is used instead of "Supplier" - please make allowances for this.


  • Suppliers aging report that takes into account the actual terms applicable to the supplier, and is supported by detailed inquiry of actual invoices due.
  • Full on-screen inquiry on a supplier's account, complete with a general ledger breakdown of how each invoice and debit note (Supplier credit note) was posted. Inquiries on payments made will show how a payment was allocated to invoices and the difference on exchange attributable to each invoice.
  • Open item - full analysis of the outstanding balance is maintained
  • Retrospective - de-allocation and re-allocation of payments and/or debit notes with re-calculation of differences on exchange and corresponding general ledger journals
  • Any number of supplier contacts can be maintained against the supplier
  • Fully integrated to stock - whereby purchase order receipts of stock can be selected for entry against a supplier invoice.
  • Full standard costing price variances between standard cost of stock received against the invoiced actual cost at invoiced exchange rate is recorded and posted to the general ledger
  • Purchase invoices and debit notes can be entered directly to multiple general ledger accounts with charges divided up at invoice entry time
  • Purchase invoices and debit notes can be entered as shipment costs - to accumulate against the cost of a shipment for costing of the stock items on the shipment
  • Nominal purchase order items received can be selected for invoicing in the same way as stock items. Purchase price variance from the order cost are taken to the general ledger account that the order item was coded to
  • Supplier payment run will create system entries to record payments for all suppliers with due amounts. Facilities allow for holding disputed invoices from being included in the payment run, but still recording costs in the general ledger.

Our Client Profile

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