AP Contact Type – The Contact Type set here is used for Accounts Payable Reports and for display in the Contact section when opening a vendor from the Accounts Payable module.
Cheque Detail Limit – Define how many invoices and other transactions can fit on the check advice. If the number of transactions exceeds this limit, printing a check will not print any details in the advice section and instead contain a note to refer to an attached Remittance Advice.
Aging Periods – Select the number of days for each of the 4 aging periods to group outstanding invoices and other transactions by transaction date. Amount totals summarized by aging period for each vendor, and may be displayed on the Accounts Payable module grid and printed on selected reports.