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

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 department may use their on miscellaneous vendor code which is usually 000 followed by by three characters such as "000XYZ". Check with your department to identify if they have a unique code.

When you use the miscellaneous vendor code you must manually enter the vendor name, address, city, state, and country.
    • Related Articles

    • Some employees aren't in FINET

      Employee/ Vendor records are set up and maintained to mirror payroll records and should never be modified in any way by agencies (Do not create VCC/VCM for employees). Going forward all Employee records will be maintained by the Division of Finance ...
    • 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 ...
    • Payment Plus Information

      Background What is Payment Plus? Payment Plus allows vendors who meet certain requirements to receive payments as Visa payments through US Bank. Payments made to vendors signed up for Payment Plus will go to the US Bank VISA account and US Bank will ...
    • Creating an Employee as a Vendor in FINET

      Background An employee can be entered as a vendor into FINET using a VCC (Vendor Customer Create) document. This is most often to allow for reimbursements. Once an authorized user has created a VCC, it will be routed to the Division of Finance for ...
    • Make a Partial Payment

      Background This article is in reference to making a partial payment. (Please see the Knowledge Base article titled "Receive a Partial Payment" for information regarding a partial cash receipt). A partial payment is made when only a portion of the ...