Setting up Accounts Receivable Information

ERP Cloud

Before you can post your first sales invoice, you must carry out the following tasks:

  1. Ensure that when you built your chart of accountsClosed, that you designated at least one general ledger accountClosed as the accounts receivable control.
  2. Set up your saleable items and services (Products).
  3. Set up your customers as Accounts.

You may also want to carry out the following optional tasks:

  1. Set up a text definitionClosed for each item of reusable text that you want to print on your sales documents.
  2. Set up an income scheduleClosed definition for each method of revenue recognition that you use.