Opens the Control Accounts – Accounts Receivable window, in which you define default G/L accounts for customers.

Select if you want to assign different control accounts to different customers.

Assigning control accounts to each customer is done in the Business Partner Master Data window. If this option is not selected, the control accounts defined in the Control Accounts – Accounts Receivable window are used for all customers.

Define the respective collective accounts for posting sales to domestic, EU, or other foreign customers.

SAP Business One posts all sales to customers to this collective account, making your current total sales available at any time. All transactions are also posted to the specific customer accounts.

Define the accounts for posting customer payments with checks or in cash. You will usually specify the check register and cash register.

If you perform one-time sales (that is, the payment is made at the same time that the A/R invoice is generated), enter the code of the one-time customer, to which you will generate the A/R invoice + payment document whenever a one-time sale is made.

Define these accounts if you want SAP Business One to handle cases in which the incoming payment amount is slightly different from the A/R invoice(s) amount paid. SAP Business One compares the amount paid to the amount due, and if the difference is less than the amount defined in the Incoming Amt Diff. Allowed or Incoming % Diff. Allowed field of the Currencies - Setup window under  Administration Setup Financials Currencies , the application automatically creates the appropriate transaction.

Define a default clearing account to be used when adding A/R down payment invoices. G/L accounts defined as control accounts cannot be selected.

Select accounts to be used as default accounts for journal entries created to reflect loss and gain caused by exchange rate differences.

Select accounts to use as default accounts for journal entries created to reflect gain and loss caused by conversion differences in sales transactions.

Define an account to be used as the default when a cash discount is used.

Select a control account to be used as the default when a transaction of revenues is posted, for example, an A/R invoice.

Select a control account to be used as the default when a transaction of revenues is created for a foreign customer.

Select a control account to be used as the default when a credit transaction of revenue is created, for example, an A/R credit memo.

Select a control account to be used as the default when a credit transaction of revenue is created for a foreign customer.

Define the account for posting interest on overdue amounts included in a dunning letter.

Define the account for posting fees that are charged in a dunning letter.

The company maintains withholding tax in sales transactions.

Once you select this option, the following fields appear:

Specify the default withholding tax code for new business partners.

Specify the expiration date of the tax certificate that your company holds.

Specify the tax certificate number.

Select the G/L account to use when creating an incoming payment based on an A/R down payment request.