16 Nov Additional Info Tab
Additional Info Tab
The additional info tab is a way of tracking additional vendor information as needed.
QBRA-2003: Lists > Vendor List > Vendor > New > Additional Info
Account
The information contained in this field will print on the memo line on the check. Usually the account number as assigned by the vendor will be entered here. For example, the telephone number and additional alpha numerical identifying numbers for the telephone company, credit card numbers for charge account vendors, and the like. This field is also important if using the on-line bill payment features.
Type
This is a way of grouping various vendors together for search and reporting features. For example, independent contractors, suppliers, etc.
Terms
When the terms option is entered when setting up a vendor it will calculate the due date as the bill is entered.
Credit Limit
This is the credit limit that the vendor has assigned. When entering a bill that exceeds the credit limit, a warning will appear on the screen. QuickBooks will still permit the purchase once the warning has been acknowledged.
Tax ID
This is the tax identification number that will print for the payee on the 1099 form at the end of the year for those vendors who require one.
Vendor eligible for 1099
This is also related to the preparation of 1099 forms at the end of the year. This box must be marked to have the software print the 1099 forms for this vendor.
Custom Fields
This feature is used to create free form fields for capturing additional vendor specific information.
List Limits Expanded
For most QuickBooks users, the list limit for the QuickBooks Pro and Premier products of 14,500 is sufficient. For some, however, that is not the case. We have been seeing increased list size for a variety of reasons. One of the most common is the increased number of customers as the result of web site sales. For version 6 and prior, the list limit was doubled for the Enterprise Solutions Product. New with version 7, the Enterprise Solutions limit has been removed.