To Update the Default Payment Method for Vendors

You update the default payment method and cash accounts for existing vendor locations on the Update Vendor Payment Methods (AP507100) form. Optionally, you can update the payment method in the open AP documents of the selected vendors.

Before You Proceed

Make sure that a payment method has been created as described in To Create a Payment Method for External Payment Processing.

To Update the Default Payment Method and Cash Accounts

1. Open the Update Vendor Payment Methods (AP507100) form.
2. In the New Payment Method box, select the BILL-related payment method that you set up earlier.
3. If you want to update the payment method in open documents, make sure that the Update Open Documents check box is selected.
4. In the Selection area, specify the following optional settings to narrow down the list of records in the table:
   • Vendor Class: The class of the vendors for whose locations you want to update the payment method
   • Current Payment Method: The payment method that you want to replace with the BILL-related one
   • Cash Account: The cash account that you want to update
5. In the table, select the Included check box next to the vendors that you need to update.
6. On the form toolbar, click Process to start the update.
   Tip: Alternatively, you can click Process All to process all the records listed in the table.