Create Companies

Use the Company maintenance screen to create new Companies and to edit existing Companies.

Pre-Requisites

1. Countries
2. Currencies
3. G/L Account Formats

Step-by-Step Guide

1. Access the Master module.
    
2. Click Administration.
   
   
3. Click Company.
   
   
4. Click Add.
   
   
5. Specify a Company number. For example: 01
   
   
6. Specify a Short Name. For example: EGGS
   
   
7. Specify an Official Name. For example: Eggs, LLC.
   
   
8. Specify a County.
   
   
9. Click the Company Setup tab.
   
   
10. Specify a Status option of Active or Inactive.
    
    
11. Specify a Default Invoice Reversal option of Free Inventory, After Allocation, or After Ship Release.
    
    
12. Specify a Base Currency option.
    
    
13. Specify a Default Currency option.
    
    
14. Specify a G/L Account Formation option.
    
    
15. Specify an Aging Field option.
    
    
16. Specify a Default A/R Aging Days value. For example: 14
    
    
17. Specify a Default A/P Aging Days value. For example: 30
     
18. Click the Customer Credit Setup tab.
     
19. Specify a Credit Approval Days value. For example: 30
     
20. Click Save.