Vendor Setup default

[WebbinPal]

I was told by a professional consultant Vendor default ledger codes should be to Work in Progress (asset account). Why wouldnt the default be gl cost such as Subcontract Fees, Material etc.? Thank you!!

[Baytek]

The default GL account in Maintain Vendors under the Purchase Defaults tab should be the account you use most for this vendor. For example, if the Vendor is Office Depot, the default purchase account is Office Expense. Remember that a default is just that. The task screen defaults to that account when you enter a transaction, but the default can be changed on the task screen.

For more information, email support@baytek.com.