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Credit Control

​Okay, now we’ll see an interesting topic, which is credit control. Credit control is the credit limit that we give to new customers. For example, we have a new customer willing to buy products from us, we will give a limit, an amount [...]

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Noted Items – For Post Dated Checks

​See a special topic called noted items. Noted items is used to post dated checks.Thank you for reading this post, don't forget to subscribe!     Let’s say for example, the customer gives you a post dated checks. The due date of [...]

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Down Payments Received

Okay, now let us see a new topic, which is down payments received.Thank you for reading this post, don't forget to subscribe!     As you know, down payment is actually a deposit which is given by a customer when placing the order, so [...]

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Asset Accounting Configuration

So let me go over the config document. So, like I said, the first thing we have to do is create our Depreciation Area. What I did, I copied the standard US depreciation area and named it on my own, and then assigned it to my company code. So, I [...]

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