Accounts Payable Overview

Set up your various vendors on the Setup menu > Accounts Payable submenu by following the basic order of the submenu's screens.

This section contains the following topics:

Terms Before defining your company's vendors in Compeat, first make definitions of vendor terms of payment to which vendors can be assigned. If you get a new vendor with new terms, make a terms definition first so that it can be assigned to the vendor.
Vendor Groups Group categories that you define here can be assigned to vendors when you subsequently define them. Creating a vendor group allows you to filter by the group name when generating the Voucher History and Vendor Aging reports.
Copy Vendors Copy vendor definitions to other entities for shared vendors. This saves setup time and provides greater consistency between stores.
1099 Adjustments This screen allows you to enter manual adjustments to vendor 1099 reports.
1099 Invoice Assignments This screen allows you to change the 1099 type and box for a vendor for invoices and checks that have already been posted.
Vendors This is where you maintain vendor information and entity access to vendors. From any entity, you can look at the enterprise-wide list of vendors, or the entity-specific list only.
Load Open Items This feature allows you to import data into Compeat from a spreadsheet.