Payment Method Field
Use this field to designate the way the payment is being made. The payment methods in the drop-list come from the Pay Methods tab in Vendor Defaults. Click the Payment Method link to add, edit, or delete payment methods.
The payment method is required.
Tip: If you always pay a particular vendor the same way, you can specify a payment method on the vendor record. That way you won't have to select the payment method each time you enter a payment to that vendor.
How do I select a payment method to always use for a particular vendor?
- On the Vendors & Purchases Navigation Center, click the Vendors navigation aid, then select View and Edit Vendors.
- Find the vendor in the list and double-click it.
- On the Maintain Vendors screen, click the Purchase Info tab.
- In the Payment Settings section, uncheck Use payment method and cash account from last saved payment.
- Select the payment method for this vendor in the Payment method drop-list.
- Click Save.
Tip: If you don't see the payment method you need, click Customize payment methods to set it up.