Additional field required for vendor for payment priority

Overview

A new field, “Cashflow priority,” has been introduced to vendors in evergreen to support cashflow reporting in empower finance. This feature helps classify vendors based on their cashflow impact, improving financial reporting and analysis.

Key Features:

• Cashflow Priority Field: The “Cashflow priority” field allows users to assign a priority level to vendors, aiding in more accurate cashflow forecasting and reporting.
• Shared Across Companies: Cashflow priorities are shared across all companies, ensuring consistent classification for vendors.

Configuration:

Cashflow priorities can be created and managed by navigating to Accounts payable > Payment setup > Cashflow priorities.

How it works:

The cashflow priority can be assigned to a vendor in the Payment section of the Vendor details screen.