Suppliers
Supplier (Vendor) master
Last updated
Supplier (Vendor) master
Last updated
‘Suppliers’ (aka Vendors) enable you to manage interactions and transactions between your business and your Suppliers.
Suppliers are trading partners and the central element of the Purchasing/Supply Chain activities in the system.
From the Supplier Master, you can track the respective AP balances, credit terms, and credit status.
See also 'Preferred Suppliers'.
| Field | Notes |
|---|---|
Supplier Name | Unique name of the Supplier's company. |
Ref # | Auto-generated unique reference number |
Owner | This is the Worker who owns the Document. By default, this is the name of the Worker that first created the Document. However, the Owner can be re-assigned at any time. The list of Owners is the current list of Workers that have login permission. |
Balance | Supplier balance |
Currency | The operating currency. |
Credit Limit | Use this field to enter the credit limit the Supplier has set for you. |
When you create/set up a Supplier make sure you set the correct Currency. The default will be the base currency of your General Ledger. See ‘Currencies'
If you don’t have all of the fields (or the functionality) you need on the Supplier Master, you can add Custom Fields to store and use additional data. Data from Custom Fields on the Supplier Master can be inherited by child Documents (e.g. Purchase Orders) See 'Customization'.
If you have only one Main Contact, it's the default Contact, and Billing address. You can add additional Contacts, and Billing addresses from the Action dropdown on the Supplier Master.
Alternatively you can import Contacts (including Shipping addresses) using the Import Contacts sheet which you'll find under Import Data in Setup.
You can view your Contacts, and Shipping addresses on the Contacts tab.
You can find your Contacts, and Shipping addresses using the Find Actions.
The creditor balance derived from Accounts Payable.
Manually set the value of the agreed credit limit.
Stores preset information inherited by transactions:
Default Trading Information (Tax code and ID, Site, Terms, Price List, Shipping, Check info)
Bank Details
1099 status (See 1099)
Minimum Order Value
If you're using Checks to pay Suppliers, make sure you add 'Name used on Checks'.
List find and review all transactions.
Send and receive emails from Outlook, Google and other mail systems. Email is automatically filtered at the Supplier contact level, so you only see and can send emails related to the Customer and its contacts. See ‘Email’.
On 'Configure' on the Supplier Master there is an 'Email Options' setting. Here you can specify:
Email address to use for Purchase Orders
Email address to use for Bills
Notes are free text areas. Notes are saved with the author (owner) and time/date stamp.
Track events and tasks.
Search and review Memos. See ‘Memos’.
For Reporting
Look for the Paperclip Icon on the header
Attach or link files and Documents. See 'Attachments and Linking'.
Set the thresholds for each category. Go to, Supplier>Configure>Manage 1099 Categories.
The Threshold relates to the amount paid to a Supplier; if the amount is greater than the specified Threshold the associated Supplier will be included in the 1099 Tax Report.
For official guidelines on 1099 Thresholds see:
https://www.irs.gov/forms-pubs/about-form-1099-misc
To recognize and track a 1099 Supplier go to,
Supplier>Profile>Trading Information>1099 Supplier, and check the box.
If the 1099 Supplier box is checked, this Supplier will then be included in the 1099 Summary and Detail reports.
Go to, Reports>Standard Reports>US Tax>
As well as creating transactions, e.g. Purchase Order, or adding a Contact, Payment, or Shipping Address you can:
View Account | View a list of AP transactions and balance |
Show History | Show change history for this Master. |
Take Ownership | Change Owner |
See 'Suppliers ⛭'.
