Learn the concept
This is the step-by-step. For what it is and how it fits the bigger picture, read Vendor Company in the reference.
This is the step-by-step. For what it is and how it fits the bigger picture, read Vendor Company in the reference.
What this is
Vendor is where every supplier you buy from lives: who they are, who to contact, what they supply and at what price, and how they sit in your accounts. Open it from Menu > Vendor.
What is inside
- Company. The vendor record itself.
- Person (in charge). The contacts at that vendor.
How it fits together
A vendor you set up here is the one you pick on a purchase order, its Products Catalog pre-fills the items and prices you buy from them, and its payable ledger keeps Finance in step.
Good to know. Vendors and customers are kept separate, with their own accounts. A business you both buy from and sell to is set up in each area.
Related
- Add a vendor
- Raise a purchase order