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Finance | Project Operations, Human Resources, ...

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Difference between vendor bank account and Bank account

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Posted on by SF-26061415-0

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Hi,

I was wondering what the difference is in vendor payment between these two columns.

What is the impact? Why does one have it while the other does not?

Thank you.

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André Arnaud de Cal... 300,915 Super User 2025 Season 2 on at

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Hi,

The vendor bank account is the account to where the money will be transferred if you give the bank the order to execute the payments.
The bank account columns is from which of your own bank accounts to you want to transfer the money from.

This gives you control over your own bank balances. In case you have a bank account per currency, it would be better to pay USD invoices from the USD bank account and EUR invoices from the EUR bank account to save from conversion rate charges..

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Alireza Eshaghzadeh 14,672 Super User 2025 Season 2 on at

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Hi,
In addition to Andre's feedback, the vendor bank account can be saved on the vendor card, which will then replicate to vendor transactions. The company bank account can also be assigned at the transaction level.

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