Use Vendor Maintenance to create vendor records that store location, transaction, and shipping information for all of the companies from which you buy products.
When you enter a vendor's name on a purchase order, on reports, or anywhere else in the system vendor data is used, the system refers to the vendor record.
You can:
Assign branch accessibility to determine which branches can purchase products from a vendor. You can assign as many branches as necessary to a vendor to meet your company's purchasing needs.
Create vendor expense distribution codes to pre-define the distribution of a vendor's invoice to G/L accounts based on a percentage.
Monitor a vendor's shipping practices by setting a number of days before and after a purchase order's due date that a shipment can arrive from a vendor without creating an unquality event. The system posts an unquality event when these standards are missed.
Enter the minimum amount your vendors require you to buy of a target type to prevent the release of purchase orders before those target amounts are met.
Determine the branch to serve as the default drop point for central purchasing purchase orders submitted to each vendor.
Set parameters for outsourcing accounts payable checks for vendors to determine when and under what circumstances a vendor gets a check.
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