Libraries
- Facility: Identify your tax ID numbers, 1099 control codes, and name and address to be printed on checks.
- Vendors: Each vendor record identifies:
- Vendor name, address and contact information
- Tax ID number and 1099 type
- Payment terms
- General Ledger account to which purchases will be posted
- Group code for a vendor type (for group reporting on types of payments, i.e. insurance, utilities, food, etc.)
- Cash codes that direct purchases and payments to specific GL accounts
- HIPAA Contract information
- Last purchase and payment dates and last payment amounts
- 1099 amount
- If the vendor is temporary and can be dropped during month-end processing
- Tables: codes that help you manage payments:
- Accounts Payable and Cash Codes direct funds to specific GL accounts so you can use multiple accounts payable and checking accounts for posting and paying invoices.
- General Ledger Codes identify default accounts for taxes, freight, discounts, A/P, material and miscellaneous.
- Terms Codes define discount percentages, discount and due days.
