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Financial Tab
There are a number of important fields in this section.
First Column
- Trading Entity - This will determine the invoice header that will be applied to the customer's invoices along with the price (or currency) displayed on orders
- Currency - This will determine the currency that displays on orders
- Account Export Identifier - this is the card# for customers using MYOB
- Special Sales Account - this is if you have set up an overriding account number in XERO
- Sales Order and Invoice Terms - Individualised customer terms can be applied here
- System Term/Days - numeric field that you would enter to identify the customers specific terms
- Terms From - either INV DATE or END OF MONTH
- Deposit Required - Turn this box on if you require a deposit from this customer
- Deposit % - Enter the specific deposit % that you need to pick up against the customer
Second Column
- Agent - select the agent that is representing this customer on right of that is the Agent Commission %
- Customer No - if you want to store a number for a number of reasons. Usually needed for Joor or importing sales orders with excel
- XERO Tracking - can track different categories per customer which will appear in XERO
- Suspend Automatically when invoices are late by - set a number of days or credit limit passes is reached and it will automatically suspend the customer.
- Suspend Account - when ticked will prohibit sales orders and invoices from being created
- Stock Allocation Rank - when arriving stock in, it will allocated based on this setting. 1 = priority #1 and 10 = priority number 10 (usually represents a bad customer)
Third Column
- Discount - if a customer receives an automatic discount
- Tax - If the country or state that your customer is trading in requires that you add Tax to the orders then you will need to apply the % tax here. In the UK and NZ this is known as VAT in Australia it is GST.
- Divsion Division - usually to identify a brand that customer purchases
- Office - field used if using Agent Enterprise Version
- EDI integration - only used if you sell via EDI ie David Jones or Myer
- Bpay - can save this number against a customer
- VAT # - can save this number against a customer
- SO PACK - usually used for 3PL intergrations
- Customer Approved - Customers need to be approved (by your accounts team) before any orders can be placed.
- Comments- any general comments needed against a customer
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