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M
Martin10
March 12, 2019
Solved

What is the point of the Statement Text field in the Vendor record?

  • March 12, 2019
  • 1 reply
  • 0 views
There is no pop up explanation on the field and the words "Statement Text" as a shortcut for an idea are fairly meaningless.

The field appears on the edit vendor details under the Bank Account Name once the "I create batch payments to pay this supplier" tickbox is ticked.
Best answer by IntuitChris

Hi Martin 

This is where you would type the message you wish your supplier to see on their Bank Statement (Similiar to how when you use BPAY inside internet banking you fill in a field for the message you wish to appear on their statement). 

Hope this helps!

1 reply

IntuitChris
IntuitChrisAnswer
March 12, 2019

Hi Martin 

This is where you would type the message you wish your supplier to see on their Bank Statement (Similiar to how when you use BPAY inside internet banking you fill in a field for the message you wish to appear on their statement). 

Hope this helps!

M
Martin10Author
March 12, 2019
Because this space is limited on the bank transaction it would be better to have the invoice number we are paying appear on the Payee's bank statement in lieu of a fixed "TEXT" that would have to be altered manually for every payment.
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