About Vendor Codes

The vendor code consists of one letter or number. You use this code to classify vendors. Develop a system of vendor codes that lets you take advantage of their two principal uses:

You can include or exclude vendors from the Purchasing and Accounts Payable applications

You can sort and limit vendor reports.

You can also use vendor codes to group the vendors you intend to delete.

Tip: One common method of assigning vendor codes is to group vendors by the kind of merchandise they sell. For example, you can assign a code of S to supply vendors, a code of F to furniture vendors, and so on.

Another method is to classify vendors by the kind of business they do: W for wholesalers, M for manufacturers, U for utilities, B for banks, and so on.

See also:

In the Vendor Master Tab

Vendor Reports