Single Payment Suppliers

PeopleSoft Payables enables you to enter a voucher for a one-time supplier without adding rows to supplier tables. You must set up at least one single payment supplier, which is used as the master supplier for single payment vouchers. The master supplier can include such general information as tax, payment method, payment terms, and bank account defaults. You enter any information that is particular to a supplier—such as the supplier's name and address—directly on the single payment voucher. PeopleSoft recommends that you define a single payment supplier for each tax environment you work in, in situations where supplier tax information is used to calculate tax on transactions.

Note:

If financial sanctions validation is enabled at the installation level, the system validates the supplier upon saving the voucher. If financial sanctions validation is enabled at the bank level, the system validates the supplier upon saving the voucher only if you specify a bank for the remit supplier and the bank requires financial sanctions validation. If the system determines that the supplier has a potential match on a financial sanctions list, you can save the voucher and put the payment on hold, save the voucher and not put the payment on hold, or not save the voucher.

The system does not update the single payment supplier's financial sanctions status on the Supplier Information component, because it is only a template for single payment suppliers.