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BWalters

Vendor

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Is it possible to have two vendors, with the same name and mailing address, set up with different terms (i.e. Net 30, VISA) by assigning each a different vendor ID? I would like to set up a credit card vendor and enter transactions for the purchase vendors with VISA terms using the import invoice feature, but I do not want the credit card purchases mixed with the same vendor set up as Net 30. The video online does not really get into how to use the CC terms vendors and as we are doing almost 50% of purchases through the credit card I want to find a better way of getting the purchases in the correct month and cleaner GL reports. Any advice, work around, or suggestion would be appreciated. 

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    Yes – vendors with separate IDs can have the same name and address. You can set up one ID as a regular vendor (Purchase Vendor) and not mark as a Credit Card Vendor.  Then set up a second one as a Credit Card Vendor and mark the box as Credit Card Vendor and create a term associated with this credit card vendor.  See the written instructions for Knowledge Base article #18227 How to setup credit card vendors and record vendor payments by credit card.

     Sage BusinessWorks treats each Vendor ID as it’s own ID – it does not link or merge with another ID, even if their name or address is the same. It treats them as 2 independent vendors and maintain independent balances for each Vendor ID.  This would be the same for 1099s – would maintain balances for each Vendor ID and does not combine them. 

    Thanks,

    Coleen

*Community Hub is the new name for Sage City