Create a Vendor
Setup a Company Vendor. This Vendor will be used when creating the Unit Direct Costs and also aid in posting the check transaction.
If all transactions will use the same Intercompany Liability account, only one Vendor will be required. For scenarios where one expense will retain a liability, but others will maintain a zero liability, additional Vendors will be needed per expense.
Use your Company Name and the Expense that will be tracked for the Vendor ID and Vendor Name.
From the Financial Card on the Vendor Record, select the Expense Account for the expense that will be allocated. Next, select the frequency of the expense that will be allocated.
