taken from the
This option is used to create new Creditor or Supplier accounts
to change the name, contact details, addresses, messages, accounting information
and terms of an existing account, or to delete an existing account. You need to
create your Creditors Accounts when you start to use TurboCASH and you had
Creditors or Suppliers on your previous accounting records. To take-on opening balances for your individual Creditor
Accounts, it is recommended that you create a Sundry Creditors Account to take on your Opening Balances in your
Creditors Ledger.
If your business entity or organisation needs to purchase goods and services on credit, it is important to obtain the correct details and information of your Creditor or Supplier. As in the case of your customers and potential debtors, your supplier or creditor may also request you to fill in a form for your supplier to establish your credit worthiness. You supplier will normally also screen your application form for credit and agree upon a specific credit limit and terms when granting you a Credit facility.
Once you start purchasing goods or services from your supplier on credit, the supplier is your creditor. The details of the new supplier should be entered accurately, when you create a Creditor Account for the supplier. If it is not entered accurately, you may find that the Remittance Advises and payments may be returned by post, or you may not comply with your agreement with your creditor.
To create a new Creditor Account:
Click on the Edit - Accounts - Creditor menu option or press the 
and 
and 
and 
keys on your keyboard. The
Creditors search facility screen and the Creditor Accounts (General Information
tab) screen will be displayed.
The account number must be entered - the rest of the fields are optional - but it is always a good idea to enter as much information as accurately as possible to manage your Creditor Accounts.
Press the 
button or click on the Close 
button to close or
exit the Creditors search facility screen. Enter a six-digit Account Number. The
Account Number must be prefixed numerically, followed by 5 alpha or numeric
characters. As with creditors, the numeric prefix can be used to group creditors
according to your requirements. For example, use the prefix 1 to differentiate
the creditors from the debtors, followed by the first 5 letters of the
creditors’ name or other number to suit your requirements. The following
Confirmation screen will be displayed:
Click on the 
button. Enter the contact information or
details (name, address, postal code, up to 2 phone numbers, Fax number and
E-mail address) for the Creditor.
Select the Contact Person for this Creditor. The Contact
person is the person with whom you will usually deal. If you enter a new contact
name, which is not already created in the Edit -
Contacts menu option, TurboCASH will display
the following message:
Click on the button to enter the contact information (if
different Fax, Telephone numbers or an E-mail address as entered already
entered). Click on the 
button, if the contact details are the same. You may
also, at any time, edit or change the Contact Information on the Edit -
Contact Person menu option.
Click on the Remittance tab to enter the
Delivery Address if it is different to that of the Address already entered on
the General Information screen. You may also enter the Remittance Message, for
the specific Creditor Account.
Click on the Accounting Information tab
to enter or change the Open Item processing option, Due days, Credit Limit Charge Amount, Tax Reference number,
select the Bank Account Type and Number, select Creditor Reporting Groups 1 and / or 2 and to set the Default Account.
If your business entity or organisation needs to purchase goods and services on credit, it is important to obtain the correct details and information of your Creditor or Supplier. As in the case of your customers and potential debtors, your supplier or creditor may also request you to fill in a form for your supplier to establish your credit worthiness. You supplier will normally also screen your application form for credit and agree upon a specific credit limit and terms when granting you a Credit facility.
Once you start purchasing goods or services from your supplier on credit, the supplier is your creditor. The details of the new supplier should be entered accurately, when you create a Creditor Account for the supplier. If it is not entered accurately, you may find that the Remittance Advises and payments may be returned by post, or you may not comply with your agreement with your creditor.
To create a new Creditor Account:
Click on the Edit - Accounts - Creditor menu option or press the and and and keys on your keyboard. The
Creditors search facility screen and the Creditor Accounts (General Information
tab) screen will be displayed.
The account number must be entered - the rest of the fields are optional - but it is always a good idea to enter as much information as accurately as possible to manage your Creditor Accounts.
Press the button or click on the Close button to close or
exit the Creditors search facility screen. Enter a six-digit Account Number. The
Account Number must be prefixed numerically, followed by 5 alpha or numeric
characters. As with creditors, the numeric prefix can be used to group creditors
according to your requirements. For example, use the prefix 1 to differentiate
the creditors from the debtors, followed by the first 5 letters of the
creditors’ name or other number to suit your requirements. The following
Confirmation screen will be displayed:Click on the button. Enter the contact information or
details (name, address, postal code, up to 2 phone numbers, Fax number and
E-mail address) for the Creditor. Select the Contact Person for this Creditor. The Contact
person is the person with whom you will usually deal. If you enter a new contact
name, which is not already created in the Edit -
Contacts menu option, TurboCASH will display
the following message:Click on the button to enter the contact information (if
different Fax, Telephone numbers or an E-mail address as entered already
entered). Click on the button, if the contact details are the same. You may
also, at any time, edit or change the Contact Information on the Edit -
Contact Person menu option. Click on the Remittance tab to enter the
Delivery Address if it is different to that of the Address already entered on
the General Information screen. You may also enter the Remittance Message, for
the specific Creditor Account.Click on the Accounting Information tab
to enter or change the Open Item processing option, Due days, Credit Limit Charge Amount, Tax Reference number,
select the Bank Account Type and Number, select Creditor Reporting Groups 1 and / or 2 and to set the Default Account.
