Counterparties

A counterparty is a Buyer or Supplier in Finexio. This can be an individual or a business. You can only create Supplier counterparties using the API.

Field

Description

id

Unique identifier for the counterparty.

This field will be created by Finexio when a counterparty is created.

name

Name of the counterparty.

required
type: string
max length = 100

type

Type of counterparty: Buyer or Supplier. NOTE: Only a type of Supplier is allowed when creating a new counterparty using the API. Buyers are created by Finexio.

required
type: string
Acceptable value: 'Supplier'

address_1

Primary remittance address of the counterparty.

required only if payment_method=PrintedCheck
type: string
max length = 40

address_2

Secondary remittance address of the counterparty.

optional
type: string
max length = 40

city

Counterparty's city.

required only if payment_method=PrintedCheck
type: string
max length = 40

state

Counterparty's state. Two letter state abbreviation.
Acceptable values: l or a business. You can only create Supplier counterparties using the API.

required only if payment_method=PrintedCheck
type: string
length = 2

zipcode

Counterparty's zip code.

required only if payment_method=PrintedCheck
type: string
max length = 10

country

Counterparty's country.

required only if payment_method=PrintedCheck
type: string
Acceptable values: business. You can only . Default USA if no value specified.

primary_contact_email

Email address of the primary contact person representing the counterparty.

type: string
max length = 50

remit_email

Email address to be used for remit notifications.

required if payment_method=Card/ACH
type: string
max length = 50

primary_contact_name

Name of primary contact person.

optional
type: string
max length = 40

primary_contact_phone

Phone of primary contact person.

optional
type: string
max length = 16
accepts only numbers

bank_account_number

Bank account number of counterparty.

required when payment_method is ACH or Wire
type: string
max length = 17

bank_routing_number

Bank routing number of counterparty.

required when payment_method is ACH or Wire
type: string
max length = 9

payment_method

The method used to make payments to the Supplier.

type: string
values: ACH, Card, PrintedCheck, and Wire.

internal_id

Secondary identifier for this counterparty This value must be unique for each counterparty type. Valid characters for this field are: using the API.

required
type: string
max length = 100
Square brackets not allowed. For example ess. You can o is not valid.

payment_terms

The agreed upon timing of the payment with your supplier. Represents number of days.

optional
type: integer
Allowed values: min = 0, max = 365

tax_id

The supplier's tax id number.

optional
type: string
max length = 11

ineligible_for_conversion

Supplier conversion eligibility determines if Finexio SHOULD NOT reach out to this supplier due to high sensitivity or special payment arrangements or contracted terms.

type: boolean

twelve_month_payment_count

The total number of times the buyer (property) sent a payment to the supplier within the last 12 months.

optional
type: integer

twelve_month_spend

The total spend amount the buyer (property) has paid to this particular supplier within the last 12 months.

optional
type: decimal

business_type

Indicates the business type of the counterparties.

required
type: string
values: 'Employee', 'Business', 'Individual', 'InternalTransfer', 'Student', 'BankingInstitution', 'Insurance', 'Government', 'Unknown'

notes

Any additional information Finexio should know about this supplier.

optional
type: string
max length = 1000

remit_data

Remit data for buyer.

optional
type: string
max length = 70

created

Date the Counterparty was created.

read-only
type: timestamp (ISO-8601)

updated

Date the Counterparty was last updated.

read-only
type: timestamp (ISO-8601)