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Accounts Receivable Setup |
  
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Accounts Receivable Setup |
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Subledger
Some companies have only one Accounts Receivable Subledger Control Account in the General Ledger and would thus have only one entry here. If you have more than one then specify the AccountID for each Subledger Control Account here.
When Currency Manager is installed and you are adding a Subledger Control Account that is in a foreign currency then be sure that the CurrencyID has already been specified for this Account (in Chart of Accounts maintenance) before you add it here.
Whenever you add a new Customer, you specify their ArSubledger AccountID. That ArSubledger AccountID must already exist. So set up your ArSubledger AccountIDs here before you set up your Customers.
Enter the new ArSubledger AccountID and the corresponding account to be used for Interest Charges Revenue by the Generate Receivables Interest Charges task.
Specify the Interest Revenue AccountID if you intend to generate any Interest Charges. If you do not have a General Ledger account set up for Interest Charges Revenue the best approach is to set it up before you run this form. This Interest Revenue AccountID can always be changed later if desired.