Global policies provide users with default values. Using
global policies you can set up the system to approve vendors automatically
(or not) and you can have the system prohibit issuing of check or direct
deposits to unapproved vendors. You can have the system warn you when
you have no W9 on file for a vendor or when a vendor's insurance has expired.
When setting up, the default is to approve vendors
automatically but to issue no warnings on the status of W9s or insurance
expirations.
Vendors do not have to be approved prior to the vendors
being available for use within the system. Approval can be entered on
the General Tab Vendors later in
the set up process. You can accept the default to approve new vendors
automatically. If you reject this default, you can grant selected users
the ability to approve vendors on an individual basis on the Vendor
Tab User Policies. Your decision on this policy should be based on
your company policy.
Warnings are issued by the system in an attempt to prevent
a user from making an entry or selection that may cause a problem in later
processing. Some warnings are optional, which is the case for W9 or expired
insurance warnings. You have the option to set them up, and again your
decision on this policy should be based on your company policy.
Setup Details