Magaya Software Accounting Manual
Magaya Software Accounting Manual
Magaya Software Accounting Manual
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ACCOUNTING CONFIGURATION<br />
MAIN ACCOUNTING CONFIGURATION TAB:<br />
Click the checkbox “<strong>Accounting</strong> will be closed on or before” to activate the date<br />
option to set the closing date of your accounting. Select a date using the calendar<br />
dropdown. As a result, users will not be able to enter or modify any transaction<br />
done before this date. Update this date as needed after each period.<br />
You can also require a password to access editing of accounting transactions<br />
from previous years, before the date set in the calendar dropdown above.<br />
Select Default Payment Terms:<br />
Use this option to set payment terms system-wide for all customers. The system<br />
will use this in invoices and calculate the due date automatically.<br />
To set payment terms per customer, set them in the Customer’s profile. For<br />
details, see Chapter 6 in the <strong>Magaya</strong> <strong>Software</strong> <strong>Accounting</strong> <strong>Manual</strong>.<br />
Note: The system will carry over your settings any time you update your <strong>Magaya</strong><br />
system to the newest version of <strong>Magaya</strong> software.<br />
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