# Vendor master

> Vendor master — The record of every approved vendor — legal name, tax classification, TIN, tax form on file, bank details, default terms and who approved the setup. Bank details are versioned, never overwritten.

Source: https://lopifi.com/glossary/vendor-master
Part of: Lopifi — US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

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**What is vendor master?** In accounting, vendor master means the record of every approved vendor — legal name, tax classification, TIN, tax form on file, bank details, default terms and who approved the setup. Bank details are versioned, never overwritten.

## Words this system refuses for it

- vendor list
- supplier file

- **Category:** Payables
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [vendor-master](https://lopifi.com/md/components/vendor-master)
- **Related:** vendor