Vendor RemitTo Settings

Merchandising and Distribution > Inventory > Settings > Purchasing Settings > Vendor Information Settings > Vendor Remit To Settings
Merchandising and Distribution > Settings > Purchasing Settings > Vendor Information Settings > Vendor Remit To Settings
Accounting > Payables > Payables Settings > Vendor Information Settings > Vendor Remit To Settings
Accounting > Third Party Accounting > Payables > Payables Settings > Vendor Information Settings > Vendor Remit To Settings

Use this routine to specify one or more remit-to addresses for a vendor, each with a specific bank identification, allowing for approval of payments to addresses different from the vendor’s shipping address. You can access this routine via a menu option or from within the Vendor Settings via the Actions button on the Payables tab.

If you access the read-only version of this routine, you cannot edit fields on the screen. This topic describes the entry version of the routine, but you can use it as a reference for the read-only routine.

If using QuickBooks®, you cannot create multiple payable remit-to addresses for vendors, and the Check Print Bank field is inactive. If using STORIS’ generic TPA interface, the Check Print Bank field is also inactive. If using STORIS Accounting, all fields and features are available.

Enter the ID number of the remittance address you want to edit or click the Search button to select from the list of remittance addresses.

To create a new remittance address, you can enter up to a 5-digit numeric or alphanumeric code or click the Plus button to automatically assign the next sequential number. Note that for QuickBooks users, STORIS allows only one remit-to for a vendor.

When you create a new vendor in the Vendor file, the system automatically creates an initial remittance record for the vendor and gives it the first available ID number. The system gives the remittance address the same information as the vendor, and continues to update the address with changes to the Vendor record until you make a separate edit to the remittance address. You can edit the remittance address but you cannot delete it.

General

The following three field labels are "dynamic" based on the masking settings in the Country record. For example, if US is the designated country for the current vendor, the first field below should be labeled "Zip Code". Canadian vendors should display "Postal code". The default masks (from the US record) appear below.

Enter an email address (if any) to associate with this vendor remit-to address. This is a free-text field.

This field allows up to 99 email addresses of up to 50 characters each. Enter one email address per line.

If more than one email exists in this field, the email generated via Email Remittance Advice is sent to each email addressed stored here.

The Import Data process does not import more than one email address.

Bank Details

Use this field to enter an account number for the remit-to bank, using up to 20 alphanumeric characters.

This is an encrypted field. To view this field, you must have access via the View Encrypted AP Account Numbers field in Payables Security. However, the account number prints un-encrypted on AP checks printed via the Forms Designer. This field is required for the CPA005, CIBC, and NACHA EFT file formats.

This field is required for the NACHA EFT file format. Use this field to specify the type of bank account for the remit-to bank. This field is used to determine the transaction code for the NACHA EFT file.

Click the Arrow button to specify one of the following options:

None Selected
Checking Account
Saving Account

Enter the default method you want to use to generate checks. You have the following options:

Printed Check
Electronic Transfer

This field is not used with the CIBC EFT file format and should be left set at Printed Check.

Vendor Remit To Settings

General

Bank Details