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FIS Glossary

…Account (OTA) vendor: 990001 – OTA Trade Payable Canadian vendor (payment in $CAD) 990002 – OTA Trade Payable U.S. vendors (payment in $USD) 990003 – OTA Trade Payable Foreign vendors…

Alternate Payee

…the Alternate Payee Address should be used in all circumstances.   When should an OTA vendor account be used? The OTA vendor account should be used only when ALL OF…

Cheque Production

…to correct: Reverse the document and reprocess. 4.  An OTA Trade Payable Vendor (e.g. 990001) was used instead of the OTA Departmental Expense Reimbursement Vendor, thus delaying the cheque production. Payment terms…

To use an OTA vendor account, or to request a permanent vendor account, that is the question?

Should you use an OTA vendor account, or should you request Procurement Services create a new vendor account in AMS? If you are unsure, you are not alone. The choice…

OTA One Time Only Account

When should I use an OTA vendor account? The OTA vendor account should be used only when ALL OF THE FOLLOWING CONDITIONS EXIST: A vendor account does not exist The…

FAQs

…Accountable Advance? OTA One Time Only Account When should I use an OTA vendor account? Printing from FIS – SAP Hints and Tips about printing PROCNTL Entries and Document Types…

What is the correct way to enter the address for an OTA vendor?

Please see the reference guide below to learn how to address a payment to a one-time-account (OTA) commercial vendor number: Create Invoice using OTA Vendor – FB60…

Using OTA Vendor because Cheque Needs to be Redirected?

…purchases to that vendor. The OTA Vendor should NOT be used when a vendor number exists. Learn More: Services:   Alternative Payee Reference Guide:  Create  Invoice using OTA One Time Only  Vendor Accounts  …

FAST Tips Newsletter

…functionality: How to locate HRIS details in FIS from a payroll document Deciding when to use an OTA vendor vs creating a new permanent vendor account Understanding the Stop Payment…

What do I do with a credit memo received from a OTA vendor?

Credit memo’s cannot be processed against an OTA vendor account. The correct procedure is to contact the vendor and request a cheque for the amount of the credit memo. The…