Accounts Payable > Maintenance > Vendor Class
Vendor Class is where Vendor Classes are set up and maintained. Vendor Classes are helpful for identifying different types of Vendors for selection and reporting purposes.
Check the box to select, then press save to remove the desired line.
Check the box to make the vendor class available for selection in the maintenance pages.
This field is only available when Intercompany is registered. When left blank the Vendor Class is available for all companies, if a company is specified it belongs exclusively to that company.
Enter up to 20 characters as an identifiable name or code for the vendor class.
Enter up to 60 characters for a corresponding description for the vendor class.
Optionally enter or select a valid Posting Code for transactions when Accrual Accounting is activated in System Settings.
Check the box to select, then press SAVE to remove the line.
Enter or select a Tax ID for the selected Vendor Class.
Enter or select an available Vendor Tax Class based on the selected Tax ID. The Tax Class information defined here will default to the Vendor when they are assigned to this Vendor Class.
Enable this option to indicate that tax is included in the Price by default for this Tax ID for this Vendor Class. This value will default based on the selected Tax ID as Tax Classes are entered into this page. Once saved, the Tax Included setting will default to Vendor records when they are assigned to this Vendor Class.