Accounting Tab

Select the appropriate tax type for the customer.  Customer tax types are created in System | Support Files | Sales Tax Menu.

Select the appropriate customer payment terms.  When a new customer account is created, the terms are entered using the default set in System | Company Setup | Accounts Receivable 1.  It can be adjusted for each customer.  Customer terms are created in System | Support Files | Customer Terms.

When a new customer account is created, the credit limit and finance charge are entered using the defaults set in System | Company Setup | Accounts Receivable 1.  They can be adjusted for each customer.

 

Credit limit is the maximum amount a customer is allowed to charge on credit.  If an account charge transaction exceeds the credit limit, you are prompted to select a different payment method or obtain a manager override.

 

The finance charge is a monthly rate applied to an account that carries a balance.

The sales discount is the blanket discount taken applied to all Ring Sale purchases.  The system compares all possible discounts for each item and applies the one that provides the lowest price to the customer.  The sales discount does not apply to items currently on sale or items checked No Discounts in the IC inventory file.

This is the GL Customer Code that, in combination with the Item Code, determines to which GL accounts invoices are applied.

 

If a blanket P.O. is entered, all Ring Sale transactions are applied against it.  It is automatically overridden by a job P.O.

This is the general ledger account to which accounts receivable postings are made during a sales or refund transaction.  This is set in System | Company Setup | GL Accounts Page 1.  

A revolving account functions similarly to a credit card.  The use of revolving accounts is limited to stores already using this option.  These fields are not accessible if the option is not enabled.

This requires a PO to be entered when an account charge is made at the Payment screen during Ring Sale.

This controls who is allowed to charge to the customer account.  Authorized allows only contacts marked Authorized to make charges.  For more information on authorized contacts, see Contacts.

Record Name allows anyone to make charges but requires the name of the purchaser to be recorded at the Payment screen.

Not Used places no restriction on account charges.

This allows the customer to organize invoices into projects so that all transactions related to that project are organized and can easily be found.  The box must be checked to enable jobs.  For more information on setting up and using jobs, see Jobs.

This is the customer's tax ID number and expiration date.  This is required for a non-taxed customer.