How do I terminate a vendor?

Modify Existing Vendors

Stop users and routines from selecting the vendor to create transactions for requisitions, purchase orders, invoices, and payments. Choosing this option will not delete the vendor record from the Accounts Payable application. Use this option when the vendor was used to create transactions for requisitions, purchase orders, invoices, or payments.

What's the difference between terminating and deleting a vendor? If the vendor was not used to create transactions, you can use Delete Vendors to delete the vendor record. Deleting a vendor record will remove it completely from the Accounts Payable application. However, if the vendor was used to create transactions the vendor record cannot be deleted but you can terminate the vendor to stop users and routines from selecting it.

Terminating a vendor

1. Open Connect Accounts Payable > Vendors > Modify Existing Vendors.

2. Use the Termination Date box to enter a termination date.

Modify Existing Vendors, Termination Date box

3. Click Save (CTRL+S).

202111, 2021Dec13