A new menu item called ‘Small Business Supplier Maintenance’ has been created within the Creditors system. This gives sites the ability to maintain a list of Small Business Suppliers to comply with new ATO requirements for ‘Payment Times Reporting Scheme’. This scheme requires large businesses to report their small business payment terms and times.
- Add – this adds the Supplier number and name to the List
- Remove – this removes the Supplier number and name from the List
- Find – this looks for the Supplier number in the list, if listed the Supplier number will become highlighted