S3-Procurement New Company

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Valerie
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My Accounting Department has created a new Company.  I've been told we need to create a new tax company for purchasing.  What is this and how do i do it?  All the companies we have in the drop down list were built back in 2009.  I don't know how to do this?  Any guidance would be greatly appreciated.

John Henley
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(moved to S3 procurement forum)
Thanks for using the LawsonGuru.com forums!
John