COATS includes Accounts Payable, Accounts Receivable, and a General Ledger. All are tied directly to the payroll and invoicing functions of COATS and will allow tracking of P&L information.

The Accounts Payable feature will automatically cut checks which are created by the payroll process. For example, Federal Deposit, FICA, Medicare, and child support deductions are automatically deducted and can be paid through the COATS AP function. An automatic payable can also be created to handle automatic check writing for weekly, monthly and quarterly payments. Rent and other standard payables are easily created and processed.

The Accounts Receivable is also generated via payroll processing. Once hours have been entered to process employee pay checks, the same hours are used to process all necessary customer invoices. Therefore, no data entry is required to process invoices and AR, press one button and your done!

The General Ledger will tie all the accounting functions in COATS together. You setup and design all payable accounts, checking accounts, and the Chart of Accounts. The COATS accounting system is a dual entry system to ensure accurate accounting for your firm.

For a 30 day trial CD and demo, please contact us online, or call us at 800.888.5894!