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Test Your AP IQ: Purging the Master Vendor File

How familiar are you with AP best practices, rules, and regulations? Here’s a question to test your knowledge: Most companies purge their master vendor files on a regular basis. What do you think is the most common frequency companies use for doing the purge?

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  • In some environments purging the master file is not possible because transactions are tied to the file, if you purge the master file record, you purge the associated transactions. Other than custom programming or new software, what other options are there?

    DOlson on February 15