Business Account Configuration

Business Account Types

Set up business account categories:

1. Navigate to Business Accounts > Setup > Business Account Types

2. Configure each type:

   • Type Code: Unique identifier

   • Description: Type description

   • Default Posting Group: GL posting setup

   • Web Visible: Default web portal visibility

   • Payment Processing: Default payment handling

Posting Group Setup

Configure GL account links for automatic posting:

1. Navigate to Administration > Posting Groups

2. Set up Customer and Vendor posting groups:

   • Code: Posting group identifier

   • Description: Posting group purpose

   • Receivables Account: AR account for customers

   • Payables Account: AP account for vendors

   • Service Charge Account: Additional fees account

INSERT SCREENSHOT of: Business Account Type setup with posting group configuration