Adding a Business Vendor
Posting to a business vendor is relevant in situations such as when you use a corporate credit card with a vendor that’s already in the system, and you want the transaction to be connected to that vendor in the ledger entry. The functionality is activated by adding a "Vendor No." on an expense.
To add a business vendor, follow these steps:
- Choose the icon, enter Expenses, and then choose the related link.
- On the action bar, select Edit. Note that you can add a business vendor to an expense regardless of the status of the expense.
- In the Posting FastTab, select Show more.
- Fill in the Vendor No. field.
The expense will now be posted to this vendor. As the expense has already been paid for on the credit card, a balanced posting will automatically be created on the vendor. This ensures that the expense doesn't appear as outstanding on the vendor.