Manufacturing accounting software offered here at Bowen & Groves covers all of the major accounting processes typically encountered by businesses in the manufacturing (or any other) industry. The M1 ERP software package contains dedicated modules for Accounts Receivable, Accounts Payable and General Ledger tasks. The information used by these modules is often derived from elsewhere within the M1 system, thanks to the software's integrated design.

The Accounts Receivable module covers the processes involved in invoicing customers and tracking incoming payments. The invoices created in this module can be quickly and easily e-mailed to clients using Microsoft Outlook in conjunction with M1 software. The system generates alerts when customer credit issues arise to ensure active responses to such problems.

M1's Accounts Payable module takes care of the other side of the accounting process--paying suppliers and other kinds of creditors. The module enables the use of a number of different forms of payment, including electronic funds transfer (EFT) and printable checks. You can be sure that each payment will be going to the right vendor, thanks to M1's matching procedures for invoices, receipts and purchase orders.

Each and every invoice or payment recorded in the Accounts Receivable or Accounts Payable modules is recorded in the General Ledger module. The General Ledger provides a comprehensive comparison between revenues and costs to aid you in overall financial analysis. For more information about the powerful accounting tools found in M1 software, contact us here at Bowen & Groves at sales@bowen-groves.com or 866-617-6389.