Accounting setup · Guide 59 of 624
Default receivable and payable accounts
RockifyERP records what customers owe in a receivable account, and what you owe suppliers in a payable account. Each company has a default for both.
How to do it in RockifyERP
- Open the Company and set the Default Receivable Account (for example Debtors) and Default Payable Account (for example Creditors).
- For a customer or supplier who needs a different account, such as a foreign-currency debtor, set it in the accounts table on their record.
- Click Save.
Tip: Foreign-currency customers need a receivable account in that currency, for example Debtors – USD.
Need more help with RockifyERP?
Can’t find what you’re looking for? The RockifyERP support team can walk you through it. Contact RockifyERP support.