Page History
Note these accounts will be used if no account is assigned at the location level
| Item | Description | Category | Purpose | ||
|---|---|---|---|---|---|
| 1 | Fee General Ledger Account | General | A/R Account | Receivables | Default to invoice if there is no AR Account on the location |
| 2 | Discount | Sales Discount | This is the account where discounts on the sales order are debited if the location does not have a discount account | ||
| 3 | Write off account | General | This is the account used on cash receipts to record a write-off | ||
| 4 | Interest income account | Interest Income | Used to book the Interest amount on cash receipt | ||
| 5 | Deferred Revenue account | Deferred Revenue Account | Used for the Software industry | ||
| 6 | Commission Expense Account | General | This is the commission account used when processing commissions in AR | This will be the unrealized amount of foreign currency gain or loss
Overview
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