Setting Up Vendors

1. AP-Maintenance-Vendors

2. New

3. Enter Vendor code (up to 10 characters) and vendor name

4. Vendor-Properties-Main

a. The alpha reference will autopopulate. Change if you want to change how it is alphabetically sorted.
b. Vendor type: used to group similar vendors together. make sure that vendor type codes are standard (for ex, SUP for all supply vendors)
c. Account reference number: the account number with the vendore. Remittance address: the address that will print on the checks

5. Vendor Defaults 

a. AP vendor invoice approval routing. This is created in AP-Maintenance-Invoice Approval Routing.
b. Vendor Default Sales tax code. This can be overridden at the invoice level if needed. 
c. AP invoice payment due defaults, which will determine the days aged for the AP invoice. 
d. Vendor default discount due calculation. May be overridden at the invoice level if needed. 

6. Enter Vendor Contacts

7. Enter Vendor Locations 

8. Enter Payment Setup, including bank routing information 

9.Year End Reporting: Enter 1099 Information.