Program VEGM, Vendor Group Maintenance, is used to add, delete, and maintain vendor groups. Vendor groups can be used as a method of classifying vendors.
All vendors assigned to the group use the accounts payable liability account, bank code, and payment type entered here unless other information is assigned to the vendor in program VEMM, Vendor Master Maintenance.
1. Enter the vendor group identifier and description.
2. If the accounts payable liability account differs from the default in program APEM, AP Enterprise Maintenance, enter the account number. Other wise, leave the accounts payable field blank.
* If you are using multiple organizations, then the accounts payable field should be left blank so that the default will be the accounts payable control record account number from program APEM, AP Enterprise Maintenance, in the appropriate organization.
3. Enter the bank code for the vendor group. The bank code can be left blank.
* You can receive Invalid Group Code errors in program VEMM, Vendor Master Maintenance, under the following circumstances:
* If the group code entered for the vendor in program VEMM, Vendor Master Maintenance, does not have a bank code assigned here when the vendor is not yet assigned a bank code. To avoid this when assigning vendor group codes without bank codes, enter the bank code first in program VEMM, Vendor Master Maintenance, and then the vendor group.
* If the bank code entered here is invalid. This can happen if the bank code was deleted after it was assigned to a group code.
4. If the payment type for the vendor differs from the default in program APEM, AP Enterprise Maintenance, enter the payment type. Otherwise, leave the field blank.
5. Press [Commit].