The Company Defaults page is located within the Settings menu in the top right corner.
Finance Charge & Company Default
Account Settings
Net Payment Due Within Setting
Gear Icon in the top right
Company
Defaults
Under Account
Net Payment Is Due Within
Set number of days an invoice can be unpaid before it is considered late
Only late invoices qualify for finance charges
Finance Charge Monthly Interest Rate
Gear Icon in the top right
Company
Defaults
Under Account
Finance Charge Monthly Interest Rate
Set percentage of the overdue balance to be assessed as finance charge
Set as whole number
Minimum Finance Charge
Gear Icon in the top right
Company
Defaults
Under Account
Minimum Finance Charge
Set the minimum value for finance charges in dollars (regardless of percentage)
Prevents any finance charge from being assessed for a smaller value than the amount specified here.
New Customer Defaults
Default Account Terms has the following advantages:
New customer accounts will default with the payment terms set in Default Account Terms.
This setting can be modified as needed for individual accounts
The invoice will automatically tell your client when their bill is due
Arborgold's Batch Statement will automatically show overdue accounts based on the client's account terms
You can quickly see which accounts are overdue
Prerequisite: You will need to set up at least one Payment Terms
Add Account Terms
Gear Icon in the top right
Lists
All Lists
Accounting
Account Terms
Add New
Name Terms
Set number of days invoice becomes overdue
Add any Internal Notes for reference.
Set Default Account Terms
Gear Icon in the top right
Company
Defaults
Under New Customer Defaults
Default Account Terms
Use Drop down menu to select most frequently used payment terms
Save
Default Tax Level
In Arborgold both the Customer and the Service must be set to "Taxable" in order for tax to calculate. Here's how to set that up.
IMPORTANT: Both the service and customer must be set to taxable.
Prerequisite: You will need to set up at least one Sales Tax Rate
Set up Sales Tax Rates
Gear Icon
List
All Lists
Accounting (bottom)
Sales Tax
Select Add New from the top right
Add Tax Name (i.e. city, county, state name)
Add percentage (this is entered as a whole number - 7 = .07, 8.7 = .087)
Add Vendor (this is the organization you will submit payment for collected tax)
Set Default Tax Level
Gear Icon in the top right
Company
Defaults
Under New Customer Defaults
Default Tax Level
Use Drop down menu to select most frequently used tax setting
Save
Set Services as Taxable
Gear Icon in the top right
Items
Services
Double Click Service to update
Select check box for Taxable setting
Check is taxable
No check is non-taxable