How Does a Vendor Change from EFT to Check Payments

• Related Articles

• How to Handle a Negative Payment Amount

  Summary  Due to the way FINET handles negative payments, it is best to process negative payments as a credit on the same document as a greater or equal payment. The positive payment does not need to have the same coding as the positive payment. If ...

• What if a vendor on contract reaches out to us with an address, banking, name, or taxpayer Identification TIN change?

  1. CHECK CAREFULLY: Be aware that scammers do reach out to public entities to change vendor information in order to move money into their pockets. Any information about a vendor's address, banking, name, or taxpayer Identification TIN changes must be ...

• QRG - Creating inventory payment

  (A copy of the QRG with screenshots can be found here: https://drive.google.com/file/d/1GBv1GsDsgW4yhk0o_2u7_OPLlwcVX8Ws/view ) Introduction The process is designed to allow the user to enter the quantity on the payment request when the Receiver (RC) ...

• Making a payment to a vendor that is not set up in FINET

  You can make a payment to a vendor that is not set up in FINET if the payment meets the following criteria:       The payment is not 1099 reportable. Making the payment: Use the miscellaneous vendor of "000000" instead of a regular vendor code. Your ...

• Modify a Vendor

  Background A VCM (Vendor Change Modification) document is used to modify or add to an existing vendor record. This document is used to update Vendor/Customer table information and 1099 Reporting Information table information. Changes submitted ...