MKMS Help

General Information Tab

This Help File Page was last Modified on 09/21/2013

General Information Tab

This Help File Page was last Modified on 09/21/2013

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General Information Tab

This Help File Page was last Modified on 09/21/2013

Previous topic Next topic  
09The General Information Tab on the Vendor Information form allows you to further classify and define the purpose of a Vendor.
Press F4 to open a Vendor Information form and Select the General Information Tab.
The General Information Tab may also be accessed by Pressing the Alternate key together with the Underlined Letter in the tab's Title (Alt+G).

HelpFilesVendorInformation

         Vendor Information Form and its General Information tab activated with Payables menu shown

 

Vendor Terms - Enter the number of Days after the Vendor's Invoice Date that your Payment is Due.
Credit Limit - If appropriate, enter your Credit Limit with this Vendor.
Charges Tax? - Check this box if the items purchased from this Vendor are Taxable.
If this Vendor charges Sales Tax on your Purchases, Check the Charges Tax? box on the General Information tab to open the Vendor Tax Information Tab.
Email - Enter the appropriate contact's Email address.
Division - A Vendor may be assigned to (only used by) a specific Division within your Company.
Use the Drop-Down Selection List to Choose that Division, if appropriate.
If a Division code is assigned in error (or no longer needed), open the Drop-Down Selection List and Press the Delete key.
Configuration - Complete this general information for each Vendor.
Vendor Type - This may be entered to help you classify this Vendor.
Enter "C" for Corporation, "P" for Partnership, or "S" for Sole Proprietor.
You may also define your own Vendor Types, as needed such as "D" for Distributor or "G" for Government.
Vendor Types are not predefined nor validated.
1099 Required? - Check this box if any IRS rule require that you to send this Vendor a 1099 Form at the end of the calendar year.
Classification - Use the Drop-Down Selection List to Choose the appropriate Vendor Classification code.
EIN - Enter the Employers Identification Number (or Social Security Number if a Sole Proprietor).
Notes - Enter a brief note about this Vendor.
Account Status - These items are maintained by the system:
Last Buy - The amount of the last purchase from this Vendor.
On - The date of the last purchase from this Vendor.
Last Pay - The amount of the last payment made to this Vendor.
On - The date of the last payment made to this Vendor.
Balance - The amount currently owed to this Vendor.
Comments - Enter any Comment, as needed.
You may simply type in your comments as needed.
If you have made your entry without opening the Edit Comments box (see below), Click Save ("ü") after finishing a Comment entry.
However, there is a built in text editor available - accessed by Double-Clicking within the field - called the Edit Comments box
This Edit Comments box provides word processing level features - most of which - you will find familiar.
These include bold, underline, italics, highlighting and font and font color selections.
If you have opened the Edit Comments box to make your entry by Double-Clicking within the field, you must save your entry separately.
Select File and Choose Save & Exit (or Press Ctrl + S).
Alert - Check this box to have the Comments field boxed in Red to draw attention to a specific issue relating to this Vendor.

 

HelpFilesVendorInformationAlertBox

Click the Save ("ü") Icon to record this additional General Information.