What is remit to vendor

Question

experts..
i need to pull the below data from LFA1 nad other tables.
*Vendor ID number     Vendor Tax ID
*Vendor name      Remit to address line 1     
Attention line     Remit to vendor state
*Address line 1     Remit to vendor zip code
Address line 2     Remit to vendor telephone number
*Vendor city      Vendor Type – with legend
*Vendor state     Vendor status – with legend (active, inactive, etc.)
*Vendor zip code     Vendor fax number     
*Vendor telephone number     Vendor Setup User ID
*Vendor terms – Standard Vendor Terms     
i understand all the fileds except fileds start with remit
Remit to address line 1
Remit to vendor state
Remit to vendor zipcode.
what it mean by remit ..is it "payee information'
please explain.
regrds
niru

Answer 1

Your guess is as good as mine.