Earlier, we mentioned that the Vendor, also known as the Payee, is the entity that receives the payment voucher on behalf of the producer. In many cases, the producer and vendor are the same entity, but they can be different.
Using the configuration we set up earlier, when we create a new producer, the vendor is the same entity. You can also add additional vendors in the Payee Relationships section of the producer master record.
The image below shows the payee relationship for Max Martinez. Notice that the Pay Entity ID is the same as his Producer ID: MM-001. This tells us that the Producer is the same entity as the Payee/Vendor.