The place where you add a Customer in your "SOMS" system is also the place where you manage the way you do business with that Customer. You are not simply adding the name and address of a company, you are actually setting certain parameters which will be used by "SOMS" whenever you deal with this customer.
You will preset the following:
- The currency which you want "SOMS" to use when quoting or invoicing the customer.
- The V.A.T. rate which you want "SOMS" to apply to the customer ( 0 rate if the customer is a foreign company or the standard rate if it is a local customer ).
- The discount that the customer usually gets. "SOMS" will automatically include the preset discount in quotes and invoices.
- The credit limit that applies to a customer who has an account with you. "SOMS" will automatically alert you when the credit limit has been exceeded.