Vendor Master Setup Features and Functions

• Departmental/divisional accounts payable files


• Roll A/P processing into parent entity


• One time vendors


• Automatically assigns new vendor number


• User defined numbering convention


• Consolidate vendor files


• Identifies vendor type


• Supports foreign addresses


• Maintain electronic copies of purchase contracts


• Vendor web access to master files


• Changes automatically routed for approval


• Changes marked as provisional until approved


• Multiple 1099 codes per vendor


• Non-print 1099 if below minimum value


• Holds PO/invoice if W-9 information missing


• Prints W-9 information form or equivalent


• Prints user defined cover letter


• Payment to third party


• Single default expense account


• Multiple default expense accounts


• Default percentage distribution


• User defined discount calculations


• Primary contact


• Comment field


• Maintain vendor special purchasing instructions


• Display instructions automatically during PO entry


• Documents linked to fields and tables


• E-signature on contracts


• User defined vendor master fields