Maintain vendor

Maintain vendor account is used to keep and change the information of people which are purchasing your products or services. Click on maintain then select the vendor option from it.

When we click on the vendor option following window will appear in which vendor ID and name is required and other then this following four options are given General, Purchase Default, Custom Fields and history.

The first option is general by clicking on it following window will appear in which you see the contact, account number, vendor type, address etc.    

                                  

Next one is purchase default in this window purchase report, purchase account, tax ID and terms are required. If there is any discrimination between any account we can check from here and make it correct. In this we can choose any member of the company to be purchase rep for following vendor.

Third one is custom fields means any information you want to know or check can be add in this. If you want to change the any label you can change it by default vendor information.

And the last one is history it tells us about how old our vendor is and all of about its purchases and payments. There is also an option of last invoice date last invoice amount and after it last payment date last payment amount.

Default information for customer

If you want to maintain the default information of customer then click maintain option a bar open select default information new sub bar will open from which select customer.

By clicking it a window will open there are five options in it. First one is payment term in which there are several terms like Cash on Deposit, Prepaid, No. of days etc. we can also put limit on payment of cash and manage discount on it.

Second option is account aging in which there is two main categories:

Age invoice which tells about how old your customer is and which balance is overdue.

Aging categories it shows the range of days and columns.

Third option is custom fields in which you can add or choose any data require according to your customer. You can also enable or disable any option.

Next one is finance charges which can apply to your customer for invoices. There are following requirements one of them is annual interest rate on the basis of which you are going to charge interest annually. You can also add a message at the end and enable it for printing.

And the last option is pay method that include the way in which final payment is made.