Creating suppliers

Create a supplier — name, tax registration, classification. Add a site with a remit-to address validated against your geographies. Assign the site to two business units with different default terms. Add supplier bank account details. Show the bulk import path for a supplier master migration. Then review the completed supplier. Supplier bank account changes are the single biggest fraud vector in accounts payable. The control is independent verification by phone, to a known number — never to a number on the change request itself. Configure approval on bank detail changes where the product allows it. This is a two-minute segment and it is the one people quote back to you. And the tax registration on the supplier drives the behaviour you configured in the tax module. That loop is closed explicitly here rather than left for somebody to notice.

In this module: Module 8 · Payables and Payments

1. 1The procure-to-pay picture
2. 2Common options and invoice options
3. 3Payment terms and distribution sets
4. 4The supplier model
5. 5Creating suppliersFree preview
6. 6The payments engine
7. 7Payment methods, profiles, documents
8. 8Invoice approval workflow
9. 9End to end: invoice to payment to accounting
10. 10What breaks
11. 11Lab: full procure-to-pay