Vendors

Vendors are the people and businesses from which you purchase goods and services. If you are a retail company, your vendors may be the suppliers of the goods you resell to customers; if you are a construction company, your vendors may be the contractors you hire to perform skilled trades on a construction site (such as an electrician, plumber, landscaper).

Why do I need to create vendor records?

You can purchase goods and services without adding vendors to Sage 50 Accounting; however, we highly recommend that you add them :

Note:  Government tax authorities and other organizations to whom you remit taxes or payments are entered in the program as vendors.