| A | B |
|---|
| Vendor | Someone from whom the business buys goods or services. |
| Vendor Center | Contains a file for all vendors with whom the company does business |
| Unpaid Bills report | A report that lists all unpaid vendor bills at a specific date. |
| Credit Memo | Processed through the Enter Bills window to reflect a reduction of the vendor’s liability due to a credit for return or allowance |
| Enter Bills Window | Activity window used to record vendor bills to be paid at a later date. |
| Journal report | Activities displayed in general journal format for a specified period of time. |
| Vendor Contact List report | Report that lists all vendors from whom the company buys goods and services. |
| System Default account | A pre-identified general ledger account that will increase or decrease automatically depending on the type of transaction entered. |
| Write Checks window | Activity window used to record cash purchase of goods or services from a vendor. |
| Pay Bills window | Activity window used to pay bills previously entered in the Enter Bills window. |
