AP Default Vendor window: Remit To tab

AccountsPayableCS > Accounts Payable > Accounts Payable Vendor Accounts menu > AP Default Vendor window > AP Default Vendor window: Remit To tab

If you use remittances with many of your vendors, and many of them are located in the same area, such as in the same city, state, or country, you can enter that information here. For more information about using remittances and paying vendors electronically, see the Remit To tab in the AP Vendors window.

Remit To

If you want to set a default company for remittances, enter the name of that company to which the checks should be addressed. This is the name that will print on the check if you select the Use Remit To Address on checks check box.

Line 1 / Line 2

If you want to set a default for any parts of a street address to which your payments will be remitted, you can enter information for that in this box.

City

Enter the city or town for the remittance address.

State

Enter the state for the remittance address.

Zip

Enter the ZIP Code for the remittance address.

Country

Select a country from the drop-down for the remittance address.

Use Remit To Address on checks

Select this check box if you want to print this remittance name and address on the checks you print for this vendor. Or, ensure this check box is deselected if you want to print checks for this vendor using the vendor’s name and address.

I will be paying this vendor electronically

If you pay many of your vendors electronically, using Electronic Funds Transfer (EFT), you can select this check box on the template to set the default for new vendors.

Electronic Invoice Payment Information

You can use this section to specify some EFT settings to use for vendors if you are going to pay most vendors electronically. This section is grayed out until you select the I will be paying this vendor electronically check box.

EFT Account Code

If you pay many of your vendors electronically from the same EFT Account, you can enter the EFT Account Code here to set the default for new vendors.

EFT Bank Account #

If you want to enter a default bank account number, you can do so in this box; however, it is unlikely that this would save any time because each new vendor will have a different bank account number.

EFT Bank Routing #

If you want to enter a default bank routing number, you can do so in this box; however, it is unlikely that this would save any time because each new vendor will have a different bank routing number.

Account Type

If you want to set the default account type for new vendors, select the account type in this window.

Checking

Select Checking if you plan to deposit payments for most vendors into electronic checking accounts.

Savings

Select Savings if you plan to deposit payments for most vendors into electronic savings accounts.