In Vendor File Maintenance, the following Accounts Payable history fields accumulate calendar year information:
Amount Paid
Discounts Taken
Discounts Lost
The Clear Vendor YTD Accumulators function (APCT) clears the information from these fields so that you can begin accumulating information for the new calendar year. The year-to-date information is rolled into the Last Year fields.
Note: Purchases information may be cleared based on calendar or fiscal year. You clear this information using the Vendor Update Report (RVU).
Important: You should clear A/P vendor history before your first check run of the new year. No one else can be using the system when you use this function. After that, you can run Federal 1099 forms. Note that you do not need to print 1099s if you use the Non-Employee feature in the Epicor Eagle™ Payroll application.
Verify that the system is not in use by anyone else.
Click Yes at the bottom of the box. When the operation completes, a confirmation message displays in the Results box.