More in Masters
Where to find it
MenuMasters › Accounts
On this screen
| Buttons | Save · Delete |
| Options | Maintain Bill By Bill Balance |
How to use it
- Type the Name of Account, and a Print As / Alias if bills should show a different name.
- Choose the Group from the list. It decides whether the party behaves as a customer, supplier, bank or expense.
- Fill the address, City, State, Mobile No. 1 (press Verify) and Tax No. (VAT/GST).
- Enter the Opening Balance and pick Dr. or Cr.. Set a Cr. Limit if you want a warning when the party owes more.
- Press Save.
Key points
- Select Group is the most important choice: it decides where the party appears in the Balance Sheet, Trial Balance and outstanding reports.
- Cr. Limit works with Help › Options › Credit Limit Warning, which can ignore the limit, warn you, or refuse the sale.
- Tick Maintain Bill By Bill Balance if you want this party's dues tracked bill by bill.
- Area, Sr. No. and Dalali % feed the collection and brokerage reports.
Good to knowKeep names simple. Avoid the apostrophe (') in account names, and check the spelling before you save, because the name is copied onto every bill the party appears on.