Q&A with Will English.
Question from his colleague: Does anyone have a best practice for handling Vendor Factoring, or when one Vendor in QuickBooks Pro is the Payee, receiving payments from more than one POS Vendor that you want to leave separate?
Will: In QuickBooks Point of Sale (QBPOS) you can have a payee that is different from the vendor. Just enter the payee name under the billing information. The voucher will have the vendor on it, but the bill will be in the payee name.
Q: Which field syncs up with the QuickBooks Pro Vendor Name field? Can 2 different POS Vendors then sync to one QB Pro Vendor? Thank you!
Will: So, the name in the top is the Voucher Vendor and in the billing is the Payee. For example, let's say you receive items from Cindy's tops and Bob's Pants. If you put Cindy in the payee field under the bill info, it will send 2 bills with payable to Cindy and will list the voucher numbers, but will not list Cindy or Bob in QuickBooks Financial (QBF).
