Chapter 6. Accounts Payable
Sample Vendors
Example 1. Miscellaneous vendor
No 1099 information
No terms
No G/L debit account (distributed when invoice is
entered)
Example 2. Miscellaneous vendor - contract labor
Save 1099 information
Separate checks each invoice
No terms
No G/L debit account (distributed when invoice is
entered)
Example 3. Materials vendor
No separate checks each invoice
Terms 1% 10th
G/L debit account 1312.01 (Inventory Purchases)
Not using Purchasing & Receiving system
The last page is a blank load form that can be copied and filled out as needed.
Dimensions 14 271