Use the Credit tab to enter credit reference information for the supplier.
Open: Purchase Ledger > Purchase Accounts > Enter New Account | Credit.
Open: Purchase Ledger > Purchase Accounts >Amend Account Details.
Trading terms text.
Enter the text to describe the terms you have agreed with the supplier, e.g. 60 days.
Credit reference.
Enter a reference for the credit terms here, if required.
Bureau.
Select the credit reference bureau you use from the drop-down list.
The default credit bureau appears here automatically when you create a new supplier. You set up the list of bureaus in the Accounting System Manager.
Credit position.
Select a credit reference status from the drop-down list.
You create the list of Credit Positions in the Accounting System Manager module.
Terms agreed.
Select this if all the credit terms have been agreed with the supplier.
A/C opened.
Enter the date you opened the supplier's account.
Last credit review.
Enter the date your credit details were last reviewed by your supplier.
Next credit review.
Enter the date when your credit terms will next be reviewed by your supplier.
Application date.
Enter the date you applied for credit with your supplier.
Date received.
Enter the date you received your credit terms.
Memo.
Enter any additional notes in the Memo area. You can enter up to 1000 characters.