Orders & Invoices

Orders, invoices, manual checks, and credit memos can be entered with great ease and flexibility. Invoices can be entered individually or converted from Purchase Orders.

Manual checks can be entered to record checks written by hand in the local restaurant; additionally, you can enter EFT's and zero-dollar checks (for non-cash inventory adjustments). Once invoices are entered, checks can be printed to pay vendors. Individual restaurants can age and pay their own invoices, or an "accounting entity" can pay them. In the case of an accounting entity paying bills, Compeat automatically maintains the inter-company due-to and due-from relationship between the accounting entity and the restaurants.

If you are using an accounting entity for paying bills, Compeat can print a single check to a vendor for all of the restaurants. On the check stub, Compeat will group the invoices and applied credit memos by restaurant with subtotals, making payment processing more efficient for you and the vendor who receives the check.

Unlike traditional Accounts Payable systems, it is not necessary to explicitly apply credit memos to invoices; credit memos are automatically applied to the vendor's oldest invoice first.

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