Considerations in Inactivating VendorsInactive vendors include:1. Vendors you no longer want to have a business relationship with, but for whom you cant delete records because historical information is being kept.2. Vendors who changed Company Names.Rules for Inactivating a Vendor1. No balance (accounting side), 2. No transactions in open file, 3. No open orders in POP, and4. No unposted transactions.

Note:What should we do with the Vendors that are Southville EmployeesExample: Alfa De Leon

Note:BPL was changed to Ximantec Integra Corp. Work Flow Process involves accounting and PurchasingAccounting for account balances (BPL has an open balance) Purchasing to inform Acctg of the Change of Company Name. (how long will it take them to close balances?)Purchasing deactivate BPL and Encode the New Company Name. Is it ok to transact with the new company name while the old name is still active? If yes, encode the New Vendor Name bearing New ID with its updated TIN and contact information.