Default Accounts Subtask

Use the Default Accounts subtask on the Manage Customer screen to enter default account information for transaction types.

You can select from accounts receivable, sales accounts, finance charge accounts, inventory, clearing accounts, and cash receipt A/R adjustment accounts. These accounts are used for posting non-project bills, cash receipts, and sales orders. The finance charge account is used to compute the finance charges.

If you do not complete the information for these accounts, Costpoint uses the accounts that are set up on the Configure Accounts Receivable Settings screen. If a project has been assigned to this customer, the project has its own revenue and receivable accounts that is used instead of the default customer accounts.

Default Accounts

Field	Description
Transaction Type	Enter, or click to select, the transaction type for which to set up default account information. When you use , the lookup includes Customer Cash Account as an option in the Transaction Desc column, which corresponds to a new Trans Type of C. Select this option to set up customer cash account information for use with the Import Cash Receipts application. When you import electronic bank file transactions with the Import Cash Receipts , Costpoint uses the bank file and customer cash account information to generate cash receipts.
Account	Enter, or click to select, a valid account for the Transaction Type on this row.
Organization	Enter, or click to select, a valid organization for the Transaction Type on this row.
Bank Abbr	Enter an abbreviation for the bank at which the customer's account resides and from which the customer makes cash payments.
Project	Enter, or click to select, a valid project for the Transaction Type on this row.