Add a vendor

Recording vendors accurately streamlines bill entry, payment matching and aging reports. Setting the payable account and payment terms up front saves time on every purchase.

Path: Purchase ← Vendors ← New

1. Open Purchase then Vendors and click New.
2. Choose the type Company or Individual and enter the vendor name and core data.
3. Enter the vendor's VAT if registered (15 digits starting/ending with 3) so the 15% tax appears correctly on purchase bills.
4. Fill the address, email and mobile for contact and document matching.
5. From the Sales & Purchase tab set the default Payment Terms (e.g. Net 30).
6. Set the default Account Payable from the Accounting tab to route journal entries correctly.
7. Add a Tag to classify the vendor (e.g. raw-material supplier) for easier filtering later.
8. Save the record, then try creating a purchase order / vendor bill to confirm the account and terms appear automatically.