Organizing your accounts payable payments A new field has been added to the vendor master record to identify the normal payment method used by your company when paying that particular vendor. Answers might be ‘check’, ‘credit card’, ‘wire transfer’ and ‘ACH’. This field is not the payment terms given by the vendor but rather the method your company uses to pay the payable obligation to that vendor. Valid options are user definable and are used within the check writing center to display just payable obligations for a particular payment method. This will allow you to review your check vendors as a group and then look at your wire transfer vendors as a group. Make sure to take advantage of this new feature after your next upgrade. execontrol/articles/organizing-your-accounts-payable-payments
Posted on: Tue, 11 Jun 2013 03:49:52 +0000
Trending Topics
Recently Viewed Topics
© 2015