How to: How to set up a new vendor?

User Question: How to set up a new vendor?

Q: How to set up a new vendor?
A: # Setting Up a New Vendor in Summit Books

Here's the quick process:

1. Navigate to Vendors - Click on the "Vendors" or "Payees" section in the left menu
2. Click "Add New Vendor" or the "+" button
3. Fill in vendor details:
4. Vendor name (required)
5. Contact person
6. Email & phone
7. Mailing address
8. Tax ID (if applicable)

9. Payment terms (Net 30, Due on Receipt, etc.)

10. Add banking info (optional but helpful):

11. Bank account for ACH payments

12. Payment method preferences

13. Save - Click "Save Vendor"

Pro tip: You can also create a vendor on-the-fly when recording a bill—just select "Add New Vendor" from the vendor dropdown.

Once set up, you can:
- Record bills from this vendor
- Track payment history
- Generate vendor reports
- Set up recurring payments if needed