View the overview information for the vendor group selected on
the
tab.
Buttons
Button
Description
Click
to set up, for the
selected vendor group, ledger accounts for the automatic ledger
transactions that are generated by the receipt and issue of
inventory.
Click
to set up default ledger accounts for the vendor group
that you selected on the
tab.
Set up a purchase forecast for the vendor group that you
selected on the
tab.
Fields
Field
Description
Enter a unique identifier or short name for the vendor
group.
A short description of the vendor group.
In any form in which the
field appears, you can move the mouse pointer
over the value in the
field to see this description.
Specify the terms of payment that correspond to the default
period between the purchase of an item and the payment due date on
invoices from vendors in the selected vendor group. The terms of
payment are used in the cash flow forecast that is based on
purchases or purchase budgets for vendor groups. You set up terms
of payment in the
form.
Example
You set up a purchase budget for a vendor group and budget a
purchase of 10,000 for June 15. You then specify current month + 30
days for the terms of payment. The cash flow forecast then shows
that payment for the budgeted purchase of 10,000 is due on July
30.
Specify the standard interval between the due date for payments
to vendors in the selected vendor group, defined by the terms of
payment, and the date on which the payments are drawn from your
bank account. The interval is typically a number of days, for
example 2D, 3D, or 4D.
The value in this field lets you calculate liquidity based on
the cash flow forecast.
Example
You set up a purchase budget for a vendor group and budget a
purchase of 10,000 for June 15. You specify current month + 30 days
in the
field, and 2D in the
field. The payment of 10,000 to the vendor
group is calculated in the cash flow forecast as clearing the bank
account on August 1.
Enter or select the default tax group for the selected vendor
group.
Tasks that
use this form
