You need to ensure that when a check is paid to your vendors, only one check is generated for each vendor. What should you configure?

The correct answer is D. Method of payment. Follow these steps to set up methods of payments for checks. 1. Click Accounts payable > Setup > Payment > Methods of payment. Click Accounts receivable > Setup > Payment > Methods of payment. 2. Click New to create a line. 3. In the Method of payment field, enter an…

Set up and Configure Accounts Payable

Question

Options

ATerms of payments
BPayment day
CPayment schedule
DMethod of payment

How the community answered

(16 responses)

B
6% (1)
C
13% (2)
D
81% (13)

Explanation

Follow these steps to set up methods of payments for checks. 1. Click Accounts payable > Setup > Payment > Methods of payment. Click Accounts receivable > Setup > Payment > Methods of payment. 2. Click New to create a line. 3. In the Method of payment field, enter an identifier, such as Check. 4. In the Period field, select the period for which invoices in automatic payment proposals are Invoice One payment transfer is created for each invoice.

Topics

#method of payment#single check per vendor#vendor payment#check generation

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