APak is a full-featured accounting solution designed from the ground up to meet the specific needs of today's membership organizations. Providing complete financial tracking and association executive-level management reporting, APak contains everything needed to manage the General Ledger, Accounts Payable and Fixed Assets processes.APak is comprised of the General Ledger, Accounts Payable, Purchase Orders, Fixed Assets and user-defined Financial Statements modules. Accounts Payable passes information directly to the General Ledger as well to minimize data entry and maintain integrity. Information generated by IMPak can be used to update the data in the General Ledger without re-entering any data and provides an audit trail originating with the primary source entries. APak's General Ledger functionality includes: An account numbering scheme of up to 25 alphanumeric characters in length, with up to five breakouts available (for example, object code, fund, department, cost center, etc.); Journal Entries; Recurring Entries; Allocation Entries; User-defined Financial Statements and more.APak's Accounts Payable functionality includes: Vendor Tracking; AP Invoice Tracking; Invoice Adjustments; Check Processing and Reconciliation; Purchase Orders and more.
APak is seamlessly integrated with ISSI IMPak. In addition, we also have clients who integrate IMPak with other third party accounting solutions.
"ISSI uses the same software we sell to our clients" says Mike Werner, President and CEO of ISSI. "We use APak to handle all of our accounting functions. We use the bank statements reconciliation to reconcile the bank statements every month. In early 2009 we had an IRS audit and with the record keeping in APak, we were to easily provide all of the information to the auditor easily and quickly. This helped us have a clean audit and to minimize the time impact."
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