Enter Cash Accounts per Customer
Explanation
This activity is used to define the valid Cash Accounts per Company and Customer and in combination with the
Currency.
When a new record is created in the Cash Accounts per Customer page, the Customer ID and Currency
fields are automatically populated with '%'. The cash account connected to this line will be the valid cash
account for the company and for all currencies. If you set the Default toggle, to active position, this will
be the default cash account for the company irrespective of the currency.
The Account Number is the account number of the Cash Account given by payment institute and
the Virtual Account Number is the unique number given by payment institute for a customer of the company per cash
account.If the Use Virtual Account Number is enabled, virtual account number of the customer will
be fetched into Account Number in installment information of Customer Invoices instead of fetching Account Number
of Cash Account.
The cash account which is to be used will be selected as follows:
- If the customer has a currency defined and the Default toggle is active for the line, the cash account
defined for that line will be used.
- If the customer is defined and the currency is defined as '%' and the Default toggle is active
for this line, the cash account defined for this line will be used for the relevant customer irrespective of the
currency.
- If no specific cash account is defined for a customer, the cash account defined for the Customer ID
with '%' value will be used, with respect to the value stated in the Currency field and the Cash
Account(s) which have been selected as default.
- If no default cash account has been selected either for the customer or company, then no cash account will be
used.
Prerequisites
- The currencies for which the cash account is to be defined, should exist in the Currency Rates page.
- The customers for which the cash account is to be defined, should be created beforehand.
- The cash account to be used should have been defined in the Cash Accounts page in (IFS/Payment). Also some
text can be entered for the cash account in the Cash Account Text page.
System Effects
This information will be printed on the customer invoice.