Creditors > Creating a Creditor

Creditors are created and managed in the finance & administration module and are usually managed by designated role(s) or person(s) within each agency or office.

Creditors are the entities that send you invoices and are unique records within a WorkBook company; they cannot be shared across companies. In WorkBook they differ from suppliers/vendors, which are global records, used for purchase orders only.

ON THIS PAGE YOU WILL FIND:

ON THIS PAGE YOU WILL FIND:
1 STRUCTURE 2 CREATE A CREDITOR 3 UPDATE SUPPLIER/VENDOR INFORMATION

STRUCTURE

CREATE A CREDITOR

Go to the finance & administration module> creditors > creditor list
Click on create new creditor icon

In the pop-up complete all the necessary new creditor fields (in all 3 tabs)

BASIC TAB

BASIC TAB
Name	Billing entity name
Posting Group	This drives the AP account that invoices post to
Language	The project contact at the company/client Can be left blank or use the ‘+’ to quickly add a new contact
Currency	Default billing currency This can be changed on an invoice by invoice basis
GST/Sales Tax/VAT code	Default tax application This can be changed on an invoice by invoice basis
Linked Supplier: Create Supplier	Only select this box if the supplier/vendor requires purchase orders If a creditor is not purchase order related (i.e. employee creditors) then there is no need to also create a supplier/vendor record.

PAYMENT TAB

PAYMENT TAB
Payment Definition	This is the creditor payment run/file that this creditor should be generated in
Payment Method	Used for defining payment method on creditor payment proposals
Payment Terms	Default terms to be applied to creditor invoices
AP Payment & Bank Details	Data available to populate the creditor payment proposal file in order to upload and schedule direct payments to the creditors, from the bank.

ADDRESS TAB

ADDRESS TAB
Address details	Populate the address data

Once all tabs are complete, click ok

UPDATE SUPPLIER/VENDOR INFORMATION

If you created a linked supplier/vendor via the creditor creation above then you may wish to go to the resources module and set defaults for the supplier/vendor.

These might include, but are not limited to:

setup PO defaults for that supplier/vendor
select which businesses can access this supplier/vendor

Page:
Creditors > Creating a Creditor (Deltek WorkBook)
Page:
Creditors > Create a Creditor Invoice (Deltek WorkBook)
Page:
Creditors Summary (Deltek WorkBook)
Page:
Creditors > Purchase Order Summary (Deltek WorkBook)
Page:
Creditors > Remainder Handling - Creditor Payments (Deltek WorkBook)
Page:
Export, Import & Maintenance > Credit Card Mapping (Deltek WorkBook)
Page:
Creating a Part-Payment on a Payment Proposal (Deltek WorkBook)
Page:
Creditor Payment Proposals (Deltek WorkBook)
Page:
Create a Supplier/Vendor > Supplier Settings (Deltek WorkBook)
Page:
Finance > AR / AP Groups (Deltek WorkBook)
Page:
Employee Settings > Employee Creditor Mapping (Deltek WorkBook)

STRUCTURE

CREATE A CREDITOR

UPDATE SUPPLIER/VENDOR INFORMATION

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