ACCOUNTS RECEIVABLE ADMINISTRATION TABLES
Finance – Receivables – Administration – AR Code Update
Set up different currencies that the business will have for Accounts Receivable
Accounts Receivable Code:
- Manually enter the code.
- If already in the system, manually enter or click the Underlined link to choose from the Table.
AR Code Description:
- Manually enter.
- Alphanumeric.
- Freeform.
Bank Code:
- From Finance – Payables – Administration – Bank Codes.
- What type of funds is associated with the Bank.
- Customer has to have same currency.
- Choose from dropdown.
Funds Code:
- From Finance – Payables – Administration – Funds Codes.
- Defaults in from Bank Code.
- Cannot be edited in this window.
Default Payment Form:
- From Finance – Receivables – Administration – Payment Forms.
- Choose from dropdown.
General Ledger Account Number:
AR GL Account:
- Manually enter the account number or click the Underlined link to choose from the Table.
Exchange GL Account:
- Used if Funds Code is non-domestic currency.
- Manually enter the account number or click the Underlined link to choose from the Table.
Discount GL Account:
- Not used in the system.
Non domestic Invoice:
- dr AR GL Account
- dr Exchange GL Account
- cr US AR in Canadian dollars
Finance – Receivables – Administration – Payment Forms
Payment Form: Mandatory
- Choose from dropdown.
- New forms cannot be added in this window.
Authorization Required: Mandatory
- Choose from dropdown: Yes or No.
- Defaults to NO.
- Determines if Authorization on a payment is mandatory.
Payment Description:
- Defaults in from Payment Form.
- Cannot be edited in this window
Phone:
- Phone number for authorization company if over floor limit
Floor Limit
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