How to maintain vendor

HOW TO MAINTAIN VENDORS:

First we go to the maintain menu and select the vendor option.

When you click the vendor a window will appear like.

There is two parts of the window:

Header field

Tab area

Header field:

You have to fill out the vendor ID, Name and Inactive in the header field.

Tab area:

There are four tabs in this area.

First in general you have fill the personal information.

Second is purchase default.

In this you need to fill the purchase representative and most important the purchase account

Third tab is customer field.

In this you keep extra information about your vendor like office manager account rep etc.

And the last on is History

In history you keep all the record of previous and current.

How to maintain Default information of Vendors:

For this click on the Maintain Default information and then Vendor

When you click on this option a window will appear like:

There are four Tabs in this window.

First is payment Term. You need to select the standard term (C.O.D, prepaid etc) and default term (2/10, net 30) and also you have to give the Purchase account and Discount GL account.

Second is Account Aging:

From this window you make your invoice aged by Invoice or by Due Date and also the categories.

Third is Custom fields:

In this you enable or disable the custom fields information that appear in the vendor’s custom field.

And the last is 1099 Settings:

This window is not relevant to us.