Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Receivable Settings: Address Prepayments du London, Ontario, Canada - Options Aging periods: 10, 30 and 45 days No interest charges on overdue accounts Include invoices

image text in transcribed
image text in transcribed
Receivable Settings: Address Prepayments du London, Ontario, Canada - Options Aging periods: 10, 30 and 45 days No interest charges on overdue accounts Include invoices paid in last 31 days Default tax code for new customers is H - Discount Payment terms: 2% after tax discount in io days, net 30 days Line discounts are not used - Comments On Sales Invoices: Thank you. - Linked Accounts Principal Bank Account for CAD 1060 Principal Bank Account for USD 1090 Accounts Receivable 1200 Default Revenue Leave blank Freight Revenue 4200 Early Payment Sales Discount 4100 Deposits and Prepaid Orders 2250 Employee & Payroll Settings: Names - Income & Deductions Income 1: Salary Income 2: Commission Income 3: No. Dogs Income 4: Car Expense Delete other Income names Page 5 Computerized Accounting with Simply Level 2 (CAB4) Final Project 2 ways, net 30 days discounts are not used Comments On Sales Invoices: Thank you. - Linked Accounts Principal Bank Account for CAD 1060 Principal Bank Account for USD 1090 Accounts Receivable 1200 Default Revenue Leave blank Freight Revenue 4200 Early Payment Sales Discount 4100 Deposits and Prepaid Orders 2250 Employee & Payroll Settings: Names - Income & Deductions Income 1: Salary Income 2: Commission Income 3: No. Dogs Income 4: Car Expense Delete other Income names Computerized Accounting with Simply Level 2 (CAB4) Final Project 2 Receivable Settings: Address Prepayments du London, Ontario, Canada - Options Aging periods: 10, 30 and 45 days No interest charges on overdue accounts Include invoices paid in last 31 days Default tax code for new customers is H - Discount Payment terms: 2% after tax discount in io days, net 30 days Line discounts are not used - Comments On Sales Invoices: Thank you. - Linked Accounts Principal Bank Account for CAD 1060 Principal Bank Account for USD 1090 Accounts Receivable 1200 Default Revenue Leave blank Freight Revenue 4200 Early Payment Sales Discount 4100 Deposits and Prepaid Orders 2250 Employee & Payroll Settings: Names - Income & Deductions Income 1: Salary Income 2: Commission Income 3: No. Dogs Income 4: Car Expense Delete other Income names Page 5 Computerized Accounting with Simply Level 2 (CAB4) Final Project 2 ways, net 30 days discounts are not used Comments On Sales Invoices: Thank you. - Linked Accounts Principal Bank Account for CAD 1060 Principal Bank Account for USD 1090 Accounts Receivable 1200 Default Revenue Leave blank Freight Revenue 4200 Early Payment Sales Discount 4100 Deposits and Prepaid Orders 2250 Employee & Payroll Settings: Names - Income & Deductions Income 1: Salary Income 2: Commission Income 3: No. Dogs Income 4: Car Expense Delete other Income names Computerized Accounting with Simply Level 2 (CAB4) Final Project 2

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Benefit Analysis With Reference To Environment And Ecology

Authors: James H. Meisel, K. Puttaswamaiah

1st Edition

1138521329, 978-1138521322

More Books

Students also viewed these Accounting questions

Question

1. Seat the group members in a circle.

Answered: 1 week ago

Question

Cite ways to overcome fear of success.

Answered: 1 week ago