Firm vendor definition

Alerts and notices

When you add a new client record, the application automatically creates a "firm vendor" for that client using the name and address information of your accounting firm as it appears in the Setup > Firm Information > Firm screen (which is populated directly from your application license). Use this firm vendor to create liabilities to the firm for the client, based on the client's selected billing items.

You cannot delete the firm vendor nor make it inactive, and you cannot modify its vendor type (Firm), which is automatically set by the application in the Main tab of the Setup > Vendors screen.

See also

Funding firm vendor transactions

Setting up firm impound bank accounts