Accounts are set up for those Customers who have the ability to charge their purchases.

Instructions

Add New Account

1. Manager Level > Accounts > Add Account

2. Enter Account Information

3. Select Account Notes tab

4. Select Sales Representative and Sales Commission (if applicable)

5. Complete Credit Card information and Tax Eligibility (if applicable)

6. Select Yes or No to Create New Customer record

Click Yes if this is a New Customer

Click No if this is an Existing Customer

Tips

When you create a new account, make the customer record at the same time.

Keep your number of Accounts to a minimum, this is affects your cash flow, and too much $$ tied up in Accounts Receivable doesn't make good business sense.

Use the Payment Chaser (under Accounts) this is a great Report to make sure you are getting paid in a reasonable time.

Use the Standing and Credit Limit feature to rate your Accounts, it helps you and your staff to know when you have an overdue customer calling to place another order.

When creating an Account for a family name, we suggest: Ford C Account - Last name, first initial, and the word 'Account', the customer is Ford, Charles

Details

Accounts are used as a Payment Method that Customers have the ability to charge to.  Accounts usually allow for 30-day (or more) payment term and require monthly statements.