Overview
The A/P Tab. Settings on this tab relate to the Accounts Payable module (field descriptions below).
Aging Periods
| • | Number of Periods - Number of aging periods to appear on payables reporting. Up to five periods can be specified. The system automatically adds a final period that is all transactions older than the final period specified. |
| • | 1st Period - Maximum number of days old for an invoice to fall into this period. The calculated minimum is automatically zero. |
| • | 2nd Period - Maximum number of days old for an invoice to fall into this period. The calculated minimum is one day past 1st Period. |
| • | 3rd Period - Maximum number of days old for an invoice to fall into this period. The calculated minimum is one day past 2nd Period. |
| • | 4th Period - Maximum number of days old for an invoice to fall into this period. The calculated minimum is one day past 3rd Period. |
| • | 5th Period - Maximum number of days old for an invoice to fall into this period. The calculated minimum is one day past 4th Period. |
Default Credit Card Clearing Account - The default account used when running credit card clearing utility.
Default AP Account - Default AP account when none is specified.