Use the Vendor Types tab to set up vendor types. Vendor types enable you to identify and group vendors so they can be associated with liability codes to automate transaction postings for your vouchers.
You set up liability codes for vendor types in Company AP Configuration.
Contents
| Field | Description |
|---|
|
Type
|
Enter a code by which to identify this vendor type throughout Vision.
|
|
Description
|
Enter a description for this vendor type. This description appears in place of the vendor type code in all lookups and on reports.
|
|
Retain Paid Vouchers
|
Select this option if you want to retain vouchers with a zero balance until the project has been closed.
|
