This section contains the information about your company as well as its GL Accounts, Bank Accounts, Tax Rates, Payment Terms, Payment Methods and Territories.
For every Blaq system, a company needs to be setup with the information about your company.
The details for each company are:
- Name - the name of the company. It can be up to 60 characters.
- ABN - the company's ABN. It can be up to 15 characters.
- Website - the company's website address.
- Postal Address - the company's address. The building, street and suburb can be up to 40 characters, the state 8 characters, post code 6 characters and country 20 characters.
Only one company can be setup per Blaq installation. If you will be using Blaq at multiple locations or for some other reason would like to have transactional information divided, you can setup multiple branches in the
Branches section.
Last modified: 2/12/2014
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GL AccountsGeneral Ledger (GL) Accounts are used for reporting purposes and for exporting sales or purchasing data to an accounting package.
Bank AccountsYou can setup any number of accounts with banks and other institutions for credit cards, debit cards, direct deposits, etc.
Tax RatesTo suit different financial systems, different tax rates can be created. You need to create at least one tax rate.
Payment TermsWhen you create a customer you must set the customer's payment terms. Enter the different payment terms your company allows in this section. You need to create at least one payment term.
Payment MethodsIn this section you can setup the different types of payments your company accepts.
TerritoriesEach customer can be assigned a territory, though it's not required. This allows you to separate your customers into groups based on where they are located which is useful for reporting purposes.
Activity TypesThis is where you can define the types of activities available.