n Go to SETUP | RELATIONSHIPS | COMPANIES to set up a new Company. A Company must first be setup in order to utilize use Direct Bill receipt types you must have corresponding companies setupas a Receipt Type in Guaranteed By and a corresponding AR Account. See Guaranteed By, Direct Bill and AR Accounts. The minimum required information when adding a new Company is Company Name and Credit Limit. However in practical scenarios you should , it is good practice to enter at least Contact First and Last name, Address and Phone number. Image Added
To Add a new Company Name, , click Add and a new screen will appear to enter a new company. Red asterisk indicates required fields.
- * Company Name: Enter the Company Name as you want it to appear on Direct Bill and AR Accounts.
- Contact Information: Contact First and Last name, Address
and - , Phone, Fax number.
- TAX I.D.: Enter TAX I.D. # without dashes.
- * Credit Limit: The Credit Limit field determines the total amount of credit is being extended to the company. If no value is entered it defaults to 0 and Direct Bill receipts cannot be posted. When you enter a credit limit an AR Account is automatically opened for that Company, and Direct Bill receipts up to the available credit limit can be posted.
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