Customer Essentials

Sub Customer Accounting

How to view accounting history and print a statement on the parent for transactions on all the children accounts

 

 

 

Managing accounts receivable means keeping track of the money customers owe your business. For organizations with both parent and sub-customer accounts, you’ll organize related customers by linking smaller accounts (subs) to a main account (the parent). This is common for working with companies that have multiple departments, branches, or divisions.

With this setup, you get a clear view of how much the overall organization owes and you can also check what each sub-customer owes individually. You decide whether to send invoices to the parent, the sub-customers, or both. Payments can be applied to the main parent account or to any sub-customer account, giving you flexibility based on your arrangement with your customer.

This structure helps keep billing and payment information organized, makes it easier to communicate with large clients, and allows for clear tracking of balances and payments. It also supports accurate reporting and smooth reconciliation for complex customer relationships. Overall, using parent and sub-customer accounts helps businesses simplify how they manage receivables and maintain healthy financial records.