One Time Venders

Fund Accounting, Accounts Payable, Accounts Receivable, Payroll

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MVA
Posts: 64
Joined: Mon Jan 25, 2016 12:41 pm

One Time Venders

Post by MVA »

Hi,
I'm new... looking to see how to issue a check to a one time vender. Is it possible?
Thanks,
Debby

NeilZ
Posts: 10578
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
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Re: One Time Vendors

Post by NeilZ »

MVA wrote:Hi,
I'm new... looking to see how to issue a check to a one time vendor. Is it possible?
Thanks,
Debby
You have to have a vendor in order to write out any check. However, nothing says that after this year you can't moved the vendor from active to inactive. However, you must have a vendor in order to provide a full audit trail to show exactly to whom the funds were paid out to.

IMHO .. having another vendor record is preferable to not having one or creating a catchall vendor as that leaves the Treasurer open to accusations of not having a specific audit trail, and charges of malfeasance.
Neil Zampella

Using PC+ since 1999.

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