Terms and Credit (Customer Defaults)
Account Aging (Customer Defaults)
Custom Fields (Customer Defaults)
To set up or review customer defaults, select Default Information from the Maintain menu, and choose Customers.
Sage 50 lets you set up default information for customers. Use this feature like a template or model upon which to build all your customer records. Enter the most common information in Customer Defaults. Then, when you set up new customers and enter transactions, the default information is automatically included in those customer records and transactions. In most cases, you won't have to enter anything. A name and address is all that's required; then you're ready to invoice!
Before you can charge your customers finance charges, you have to use the Finance Charges tab to set up finance charge defaults, such as percents and limits.
Once you've entered the default information that governs how Sage 50 treats customers generally, you're ready to set up individual customers in Maintain Customers/Prospects.
Setting up sales taxes is a matter of walking through the sales tax wizard and creating sales tax IDs and salest tax agencies.
Default information for customers includes:
- Standard customer payment terms
- General Ledger accounts for sales and discounts that determine how your income and budget reports will look
- Aging information for invoices due
- Custom field labels
- Finance charge rules
- Customer payment methods
Note: Most of this information is set up for you during New Company Setup. However, you can change these defaults at any time.