The Standard Accounts Tab

The Standard accounts contains a table of specific accounts used by the system to create accounting orders in connection with invoicing, payments, supplier invoices, etc. For certain accounts you can configure exceptions in the Update Customer and Update Supplier procedures. The entered account for the customer/supplier will override the standard setting.

It is possible to block important system accounts from adjustment in connection with the invoice coding and payments. The accounts that can be blocked from adjustments are the accounts that the system automatically codes. You will then find a box in front of these accounts which can be checked in order to block the account from adjustment in the coding window.

This tab is divided into different sections:

• Liquid Funds (Poland has an extra account for VAT that shall be used for Split payments in sales.)
• Sales/Accounts Receivable
• Purchase/Accounts Payable
• VAT
• Fixed Asset Register
• Inventory
• Management Accounting (Supplement)
• Project Accounting (Percentage-of-Completion Method, Main Rule)

If the account is not registered in the chart of accounts, an exclamation mark is displayed next to the account.