Program VECO, Copy Vendor Financial Data, is used to copy financial data to a range of vendors. The vendors to whom you are copying must have no financial data entered for them in the lower block of program VEMM, Vendor Master Maintenance.
Only enter the accounts payable liability account if it differs from the default in program APEM, AP Enterprise Maintenance.
You only need to copy financial information if the financial information for the vendor differs from that entered for the enterprise in program APEM, AP Enterprise Maintenance, or if the vendor is assigned to a vendor group and the financial information for the vendor differs from that for the vendor group in program VEGM, Vendor Group Maintenance.
Financial information cannot be copied from another enterprise in this program unless the general ledger account structure is the same. The terms codes, miscellaneous code, tax codes, and other codes must exist in the tables in both enterprise, or the codes will be invalid.
Under normal circumstances, it is not necessary to copy information between enterprises, and it is not necessary to enter information in the lower block of program VEMM, Vendor Master Maintenance.
1. Enter the first vendor in the range of vendors to which you are copying financial data.
2. Enter the last vendor in the range of vendors to which you are copying financial data.
3. Enter the financial enterprise from which default financial data will be copied. The default financial data will be copied for any field left blank in this program.
4. Enter the vendor group ID from program VEGM, Vendor Group Maintenance, to which you wish to assign this range of vendors, if desired.
5. Enter the bank code from program SPBM, Bank Code Maintenance, that you are assigning to this range of vendors. You can leave this field blank if you have entered a vendor group.
6. Enter the accounts payable liability account that you are assigning to this range of vendors.
* Only enter the accounts payable liability account if it differs from the default in program APEM, AP Enterprise Maintenance.
* This account number is used for distribution for the vendor. If Accounts Payable is active in program SPAP, System Parameters/Accounting Parameters, the account entered here must be an existing account in program GLTM, Account Maintenance.
7. Enter the tax ID number for IRS form 1099 that you want copied to the range of vendors, if appropriate.
8. Enter the freight code from program SPFM, Freight Code Maintenance, that you want copied to the range of vendors, if appropriate.
9. Enter the miscellaneous codes from program SPMC, Miscellaneous Code Maintenance, that you want copied to this range of vendors, if appropriate.
10. Enter the accounts payable distribution code from GLDM, Distribution Code Maintenance, that you want copied to the range of vendors, if appropriate.
* These codes permit automatic distribution of voucher amounts or percentages to specified general ledger account numbers.
* Account distribution codes can be used only if the Accounts Payable Active flag in program SPAP, System Parameters/Accounting Parameters, is set to o
11. Enter the vendor bank ID from program SPBM, Bank Code Maintenance, that you want copied to this range of vendors, if appropriate.
* This is used when Accounts Payable is active and when the vendor is being paid with payment types other than CCK (i.e., some type of direct bank transfer).
12. Enter the vendor bank account number, if appropriate.
* This is used only when the vendor is being paid with payment types other than CCK.
13. Enter the vendor bank name, if appropriate. This is the name that the bank has for the vendor and is used only when the vendor is being paid with payment types other than CCK.
14. Enter the bank sort code for this vendor, if appropriate.
* The bank sort code is usually found under the check number in the upper right hand corner of the check. It is required for payment types other than CCK.
15. Enter the vendor account reference, if appropriate.
* This is the vendor's bank account number. It is used only for payment types other than CCK.
Press this button to copy the entered financial information to the entered range of vendors.