1. A new supplier can be created via the Directory or from within a transaction screen.  See Guide 'Create and Manage Suppliers' for further instructions on creating suppliers. 

 

2. Once created, a new Entity will have a status of Unverified. This can be seen from the supplier screen accessed via the Directory or when creating a payment to the supplier.  

3. When creating a payment to an Unverified supplier, a warning will appear under the Pay To field saying that The 'Suppliers bank details have not been verified'. The presence of this warning will not stop the user from processing the transaction but provides a warning that the newly created suppliers bank information has not been reviewed by a member of the Accounts team (or authorised personnel).  

4. In order to verify the Supplier bank details, a member of the Accounts team (or authorised personnel) will need to navigate to the supplier from the Directory to perform the below steps. Select Update Entity.

5. Verify the Supplier's Bank Account Details.

5. Once bank details are verified, click on Save 

6. Then Click on Update Supplier.

7. Verify the default tax code and payment terms are correct in the next screen. Because you have already verified the bank details, click on Verify Supplier to complete the verification process.

8.  The Supplier will show as Verified.