Vendor Prepayment Approvals

To set the preferences for vendor prepayment approvals: Go to Setup > Accounting > Preferences > Accounting Preferences. Under the Approval Routing section, check the Vendor Prepayments box. Click Save. Go to Setup > Users/Roles > Manage Roles. Click Edit or Customize next to the role you want to add the Vendor PrepaymentApproval permission to.… Continue reading Vendor Prepayment Approvals

The account used in vendor Prepayment

The Vendor Prepayments feature records and tracks deposit amounts paid to vendors before they accept purchase orders for a good or service. You can apply these prepayment amounts against open bills for the vendor. Vendor Prepayments enables you to record and track multiple prepayments and prepayment applications for your vendors. After you make a prepayment… Continue reading The account used in vendor Prepayment