Vendor
Type
You can use this to group similar vendors together. For example, if
you have some vendors for services and some vendors for products, you
can enter "SERVICES" and "PRODUCTS" to identify what
each vendor sells. You can enter up to eight characters.
Using Vendor Types with Select for
Payment
You can also limit or mask the vendors for the Select
for Payment task. To make masking easier, you could set up your vendor
types like this:
01SERV and 01PROD
where 01 equals the date the vendor requires payment, SERV stands for
service, and PROD stands for product. In this example, you could type
01**** to include both types of
vendors who are to be paid on the first of the month.