Define Vendor Attributes

Create the Vendor record, if it does not exist already:
- Go to File Main Menu > Customers
- Click on ADD button to add a new Company record
Define and / or review the Vendor Details, paying attention to the following:
- Customer/Vendor tab
  - Type: should be set to a Vendor, i.e. VENDOR or CUSTVEND (in the case of being both a Customer AND a Vendor)
  - Company sub tab for Default Currency with which you do business with this Vendor
  - Vendor sub tab for Attributes, such as: Payment Terms, Discount Days / Discount %, Credit Limit, Bank Payment Account to pay Vendor from, Tax Applicable Code, Voucher Approver 1 / 2, Default Expense Account and Segment, your Account Number with this Vendor, the Check Memo Text to add to your Check payment, 1099 Flag, Number, and Type, ACH Routing Number and Account Number, Swift Code, and IBAN
Define and / or review the Default Site Location for where to remit your payments to this Vendor
- Identify the Site record where to remit the payment and fill out at a minimum. This should be one of the Sites listed on the Sites tab:
  - Default Payee checkbox (checked). Note: select only one Default Site per Vendor record), and
  - Main Contact Name (pre-requisite: Contact record exists)

Accounting AP