Default accounts of business partner view is used to set default bookkeeping accounts for a business partner. The default accounts will be used with invoices created for the business partner.
Default accounts of a business partner are defined in Business partner’s basic info view (Registers > Business partners > choose a business partner) by choosing Defaults > Default accounts in the top bar.
Default VAT % drop-down menu is used to determine a default VAT percentage for the business partner.
Default VAT deduction % drop-down menu is used to choose a default percentage for the business partner. This field is visible only with suppliers.
VAT status drop-down menu is used to choose a default VAT status for the business partner.
Incoming invoice parsing selection is used to set the business partner’s invoice rows to be combined as just one row.
The left side of Default accounts view consists of a posting section that can be edited. The right side of the view presents Procountor default postings for each receipt type. If any posting defaults haven’t been edited yet, the left section has the same accounts that are used with Procountor defaults.
Editing default postings is done in the following way:
- Activate the row to be edited by clicking it.
- Click either the Change bookkeeping account button above the row or just the account number on the row.
- Choose new bookkeeping account in the window that opens and click Continue. It is also possible to edit the account chart in this window by clicking the Edit chart of accounts button.
- Click the Save button in the top bar of the view to finish.
The following factor should be noted when using default accounts: if the accounting of an invoice is done one row at a time and products with default accounts are used on the rows, the product default account will be used as a primary default setting.
It is not possible to set default accounts for persons.