Vendor Payment Type

Enter or select the type of payment to be used as the default value for the vendor's A/P payments, from these choices:

• Standard Check: A computer-generated (system-printed) check
• Manual Check: A handwritten or typed check
• Wire Transfer: An electronic transfer
• Standard Draft: A computer-generated (system-printed) draft
• Incoming Draft: A draft received from the vendor
• EFT Payment: An electronic funds transfer
• Cash: A cash payment

On the A/P Payments and A/P Quick Payment Application forms, the vendor's payment type displays from the Vendors form.