Vendor Class (AP00.3)
Use Vendor Class (AP00.3) to define and maintain vendor classes for each vendor group. A vendor class identifies a subset of vendors that share common characteristics, such as office supply vendors or employees. You can process payments by vendor class.
You assign vendors to a vendor group and a vendor class in AP10.1 (Vendor). Define at least one vendor class for each vendor group.
Processing Effect
The application automatically creates a vendor class of "ONE" for each vendor group you define in AP00.1 (Vendor Group). The application assigns this vendor class to one-time vendors that you define during invoice entry in AP20 (Invoice Entry).