Two Vendors with the same FID Number

Vendor was recently purchased and is changing their name and would like to keep the old vendor profile but add a new vendor profile with the same FID

• EERP
• Accounts Payable
• Vendor Processing

'Allow duplicate vendor FIDs/SSNs in vendor file' is unchecked in Accounts Payable settings

1. Navigate to Financials > Accounts Payable > Setup . Accounts Payable Settings
2. Click Update
3. Click Vendor Settings
4. Check box for Allow duplicate vendor FIDs/SSNs in vendor file
5. Accept
6. Proceed to enter new vendor

Keep in mind that this could potentially cause issues when issuing 1099's, as these documents are issued based on FID and it will not be able to separate out information based on name difference. If the Vendors are going to receive 1099s, it would be best to merge them using the Vendor Merge process, or use the steps in 1099's combine two vendors with same EIN