Additional field – Vendor Reporting Group

Overview

With this evergreen enhancement a new field called “Vendor reporting group” has been added to vendors. This field is designed to assist with classification and reporting purposes within empower finance.

Key Features:

Vendor Reporting Group Field:

The new “Vendor reporting group” field allows users to classify vendors based on specific reporting needs. This field is shared across companies to ensure consistency in vendor classification.

Configuration and Setup:

Vendor reporting groups can be configured by navigating to Purchase ledger > Setup > Vendor reporting group. This allows organizations to define various groups for vendor reporting purposes.

Vendor Assignment:

Once vendor reporting groups are set up, they can be assigned to individual vendors within the Purchase demographics section, helping streamline vendor classification and reporting processes.

This enhancement ensures better vendor management and reporting consistency across multiple entities in the system.