Setting up a New Company

Normally the Partner or Infusion Support Staff setting up a new dataset will take care of making sure that the following are set up and accurate

• The General Ledger Chart, including bank accounts and their opening balances
• The Financial Defaults
• The GST defaults and double checking the GST method (cash or invoice basis)
• General Ledger opening balances
• Customers and their opening balances
• Products and their stock on hand quantities
• Suppliers and their opening balances
• Outstanding purchase orders
• Jobs in progress
• All defaults and setting classifications for the Customers, Products and Suppliers
• such as pricing – gst inclusive / exclusive ; number of decimal places to use;
• what documents (packing slips and invoices) are to print for invoices
• what codes to use for types, groups, sub-groups