[wildman]

One of our House Accounts has now signed on to a National Account program with a vendor. We have to sell at their agreed price, which is ok, however I'm not sure how to handle the account and payment. The Voucher comes from the account but we bill it to our vendor which issues us a credit for the selling price less their service charge. How do we credit the payment in Retail Edge when we don't actually receive a payment, just a credit to our account.

[RetailEdge Moderator]

There are probably a number of ways to do this in RetailEdge. You could set the bill to on the house charge account to the vendor, so that you could submit the sale to them for "payment". Then when the credit hits you would pay off the house charge. Or you could do it almost as a special order and create a PO to the Vendor. Do the sale to the house charge account normally and create a PO to the Vendor for the items purchased. Then your payments to the vendor would handle the payment side of things since the credit would be applied to your account and balance against the POs. Hope that does it but if you need more please provide some specifics. That might help with coming up with the right solution.

One of our House Accounts has now signed on to a National Account program with a vendor. We have to sell at their agreed price, which is ok, however I'm not sure how to handle the account and payment. The Voucher comes from the account but we bill it to our vendor which issues us a credit for the selling price less their service charge. How do we credit the payment in Retail Edge when we don't actually receive a payment, just a credit to our account.