Add a Default Payment Type for Vendors
This lesson will describe how you can add default payment types for Vendors. A payment type is used to indicate how you will "settle" the invoice with your vendor when entering an AP Voucher.
new for AV 2017_005 (Feb 2017)
Add a Default Payment Type on the Vendor record.
- Open the Vendor record and click on the Account Info tab.
- Locate Default Payment Type in the bottom right hand corner.
- Click the pull down menu and select from your established Payment Types.
Click OK to save.
Enter a Voucher for this Vendor...
When you open the new Voucher window and enter the Vendor, you will see that the Default Payment Type has been pre-selected. You may change the Payment Type at any point prior to posting the Voucher.