eSTEL/AP, an optional Accounts Payable module, is fully integrated with eSTELPLAN for inventory, purchasing and cost reconciliation. It is designed for computerizing the payable transactions of the accounting function. eSTEL/AP uses the Open Item Method to control payments of vendor transactions. Each transaction is thus maintained individually in the accounts payable open item file until complete payment is made to the vendor or another offsetting transaction is applied against it. eSTEL/AP provides facilities to process vendor invoices (vouchers), schedule payments for cash disbursements, produce different reports related to the payable transactions of the company, and do cash forecasting and open item aging. Other functions include printing checks, check reconciliation, and 1099 transaction reporting.

After the planned disbursements have been made, either through manual entry or automatic entry, the system generates a Disbursement Edit List of all items that meet specified selections based on the due date and discount date selections. This edit list is used to preview the vendors, invoices, and amounts to be paid. Adjustments can then be made by deleting payments or through partial payments. The Disbursement Update updates all items that are remaining on the Disbursement Edit List, generating checks and a disbursement journal.

The Open Item Inquiry and Open Item Report provide a listing of the open items, including invoices and credit/debit memos for each vendor. The original amount, the balance left to be paid, and checks issued against partial payments are shown. The Transaction Inquiry shows a detailed analysis of all payable transactions affecting each general ledger account.

The Vendor History displays the last two years of purchase history along with the discounts taken and lost during both years. A detailed payment history displays paid vendor invoices, with matching check numbers and paid dates. The accounts payable system can be closed independently of the eSTELPLAN accounting applications.

eSTEL/GL is a general ledger system that is fully integrated with eSTELPLAN. All financial transactions, including inventory, sales, production, outside processing, inventory adjustments, branch-to-branch inventory transfers, receivables, cash receipts, purchase journal, and cash disbursement functions are fully integrated with the general ledger. All general ledger updates are made on a real-time basis. Journal entry posting provides for one-time entries, recurring entries, or reversing entries. To ensure that the transactions are posted to the appropriate accounting period, a full fiscal calendar with beginning and ending dates for each accounting period can be set up for both the current and subsequent years.

Accounting periods can be closed on a temporary basis so that the current activity can be automatically posted to the current accounting period. Budgets can be set for any account and for the current or next year, and can be based on an amount prorated over the year, months, or quarters to facilitate entry. Budgets can be copied from a previous year's budget or actual figures. A Budget Report is available.

General Ledger Inquiries, such as the Account Balance Inquiry, Account History, Trial Balance and Journal Entry Inquiry, are also available. Available reports include the General Ledger Report, the GL History Report, Account Activity History and Cost Center History.

eSTELfinreps is a financial reporting tool that provides on-line access to the eSTEL/GL database through a PC running Microsoft Excel. By establishing a link between Microsoft Excel and eSTEL/GL, eSTELfinreps provides the capability to create and generate standard and customized financial statements, worksheets, graphs, and charts using the eSTEL/GL data. Additionally, this product eliminates the need to manually download information by providing direct on-line access to the eSTEL/GL data in real time. With eSTELfinreps, your financial statement templates are automatically updated when new GL accounts are added.