Vendor Maintenance in Dynamics GP

Vendor Maintenance in Dynamics GP

Having a well controlled vendor master file is an important element in maintaining good internal control and facilitating payables processing.

Dynamics GP allows you to control vendors and maintain a secure database of approved vendors. It also provides for efficient 1099 processing.

The same vendor master file is used for payables and purchasing, and has a nice integration to inventory to make sure there is a manged relationship between an item and vendors that are approved to supply the item.

You can maintain an unlimited number of vendor addresses for any vendor. You can attach key documents (e.g. contracts) to the vendor masterfile.

You can maintain various types of payment terms and assign them to vendors as a defaults.

Here’s a video that shows you how to add a vendor:

 

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