Enter Ledger Settings: Allow account classes to change. General (Accounts ): Budgeting should be turned off - Linked Accounts Retained Earnings 3560 Current Earnings 3600 Payables: Address Windsor, Ontario, Canada - Options Aging periods: 30, 60 and 90 days Calculate all discounts after tax for one time suppliers - Linked Accounts Principal Bank Account 1080 Accounts Payable 2200 Early Payment Purchase Discount and Freight Expense: leave blank Prepayments and Prepaid Orders 2200 Receivables: Address Windsor, Ontario, Canada -Options Aging periods: 5, 15 and 30 days; No interest charges on overdue accounts; Include invoices paid in last 30 days; Use tax code Has default for new customers - Discounts Terms: 2% discount in 5 days (after tax), net in 15 days Lime discounts not used - Comment On sales invoices: "Where fire meets steel." - Linked accounts: Principal Bank Account 1080 Accounts Receivable 1200 Default Revenue 4020 Freight Revenue: leave blank Early Payment Sales Discount 4200 Deposits and Prepaid Orders 1200