Objective: Configure the system to track distinct types of revenue receivables.
1. Access Preferences: From the Main Menu, click the Gear icon and select Company Setup. Click the Preferences tab.
2. Create Labels: Under Accounts Receivable Preferences, enter “Program Fees” in AR Account Label 1. Enter “Grant Receivables” in AR Account Label 2.
3. Set Default Message: In the Default Client Bill Message field, type: “Payment is due within 30 days.” Click Save to commit these changes.