Vendor Groups are important part of Vendor Master Data in Accounts Payable module. For every vendor group we could define which fields will be shown, mandatory or suppressed. Later we will also assign number ranges for every account group.
IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Vendor Accounts -> Master Data -> Preparations for Creating Vendor Master Data –> Define Account Groups with Screen Layout (Vendors)
When you open the transaction, you can see the list of all predefined groups. You could create a new group or modify an already existing one.
When you are in change mode of some the accounting groups you will see following. To get into the field status settings, you have to click on field status groups at the bottom to highlight some of them and then to click on “Edit field status”. You could also directly double click on the field groups. Those field status are different sections of any vendor master data and in many cases are maintained by different departments – Accounting, Purchasing and Administration.
Company code data