What is a unique identifier linked to each vendor master record called?

The unique identifier linked to each vendor master record is referred to as the Vendor Number. This number is essential in accounting and procurement systems as it allows organizations to accurately and efficiently manage their relationships with suppliers. The Vendor Number serves as a reference point in tracking transactions, ensuring that all activities related to a particular vendor can be easily identified.

In contrast to the Vendor Account Number, which may refer to a specific account or financial arrangement with the vendor, the Vendor Number is explicitly designated for overall identification. Similarly, while the Vendor Group Number might categorize vendors into specific groups for reporting or management purposes, it does not serve as the unique identifier for the master record. The Vendor Identification Code could be used in specific systems but is not as universally recognized as the Vendor Number for this context. Thus, the term Vendor Number precisely captures the function of uniquely identifying each vendor within the master record framework.