Chapter 4. Accounts Receivable
List my tax codes here.
Tax
Code #
Class Tax Description Tax %
1 Retail 6.25% State Sales Tax 6.25
2 Level I contractors Resale (requires exemption
certificate)
0
3 Government No need to explain 0
4 Wholesale only Resale (requires exemption
certification)
0
_______ _________________ ___________________________ ________
_______ _________________ ___________________________ ________
_______ _________________ ___________________________ ________
_______ _________________ ___________________________ ________
_______ _________________ ___________________________ ________
_______ _________________ ___________________________ ________
_______ _________________ ___________________________ ________
_______ _________________ ___________________________ ________
_______ _________________ ___________________________ ________
_______ _________________ ___________________________ ________
CREDIT LIMITS/TYPES
Each charge customer should have an established credit limit. If you have not
implemented a credit limit policy in the past, now is the time to start. Credit
management is an integral part of A/R management. Credit limits are entered as
whole dollars up to $9,999,999. For example,
1000 or 5000 (do not use commas).
If a customer exceeds their credit limit at POS, a message is displayed on the
screen and the transaction cannot continue until the situation is fixed (either by
obtaining a credit limit release code from the system manager or credit manager
or by changing the transaction to a cash transaction instead of charge).
If a customer has no credit, make the credit limit=
1 (for $1.00).
CAUTION: If you do not specify an amount for a credit limit, the computer interprets that as unlimited
credit. Be sure to be thorough when assigning credit limits.
Dimensions 14 93
To Next Page
Loading...