Header details for vendor invoices
As project managers plan and implement projects, they might employ subcontractors and might purchase products and services from vendors. During a project's implementation, costs are incurred from services, materials, and expense categories that are procured on subcontracts with vendors. Vendors invoice these costs to projects by creating vendor invoices.
Fields on vendor invoice headers in Project Operations include:
Name - The name of the vendor invoice is in the first column in all vendor invoice dropdown lists. The name is set to a value or the name of the subcontract plus the current date.
Description - Shows the services and products that are being invoiced.
Vendor - Company name that's invoicing the products and services. This field should show the relationship of Vendor or Supplier. The following default values are selected based on vendor: Currency, Price lists, Payment terms, and Payment address.
For more information, see Header details for vendor invoices.