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How to manage customers?

Last updated on Nov 30, 2024

A comprehensive guide for adding and managing customer information in the accounting system, detailing essential fields, statuses, and best practices for maintaining accurate customer records.

Field Descriptions

Basic Customer Information

  • Customer Name: Required field representing the customer's legal or preferred name - used across all transactions and communications

  • Contact Information: Primary email, phone, and mobile numbers enable multi-channel communication and automated notifications

  • Company Details: Organization name and associated business identifiers for corporate customers and B2B relationships

  • Financial Configuration: Includes tax rates, payment terms, and opening balance settings that automatically apply to future transactions

Address Management

Billing Address

  • Location Details: Complete address including country, state, city, street name, and postal code - critical for invoicing and legal documentation

  • Communication Points: Additional contact numbers and fax for billing-related communications

  • Tax Jurisdiction: Address determines applicable tax rules and rates

Shipping Address

  • Delivery Location: Physical address for product delivery and shipping documentation

  • Special Instructions: Delivery preferences and restrictions

  • Quick Copy: One-click copy function from billing address saves time for customers with identical addresses

Contact Persons

Primary Contact

  • Basic Details: Full name and position of the main point of contact

  • Direct Communication: Personal email, mobile, and phone numbers for immediate reach

  • Role Information: Position details help route communications appropriately

Additional Contacts

  • Department Contacts: Multiple contacts for different functions (accounting, operations, etc.)

  • Hierarchy Management: Clear designation of primary and secondary contacts

  • Contact Preferences: Preferred communication methods and availability

Status Management

Customer Statuses

  • Active: Approved for transactions with good standing

  • On Hold: Temporary pause due to credit issues or documentation needs

  • Inactive: Historical record maintenance without current engagement

  • Pending Review: New customers awaiting approval or verification

  • Credit Hold: Restricted transactions due to payment concerns

Best Practices

Data Entry Standards

  • Use consistent formatting for names and addresses

  • Verify tax registration details before activation

  • Document credit terms and special pricing agreements

  • Maintain updated contact information

Address Verification

  • Confirm postal codes match city/state combinations

  • Include suite/unit numbers for precise delivery

  • Note access restrictions or delivery hours

  • Regular verification of shipping preferences

Financial Setup

  • Verify opening balance matches accounting records

  • Configure appropriate payment terms

  • Set proper tax rates based on jurisdiction

  • Document credit limits and payment history

Troubleshooting

Common Issues

  • Required Fields: System highlights mandatory fields - complete before saving

  • Duplicate Detection: Search existing records before creating new customers

  • Address Validation: Ensure address components match and are complete

  • Tax Configuration: Verify tax settings match customer documentation

System Integration

  • Seamless connection with billing and invoicing

  • Automated credit limit monitoring

  • Integration with shipping and delivery systems

  • Real-time updates across all modules

Security and Compliance

  • Role-based access controls

  • Data encryption for sensitive information

  • Audit trail for all changes

  • GDPR and data protection compliance

This guide serves as your comprehensive reference for customer management. Regular updates and verification of customer information ensure smooth business operations and customer satisfaction.