System Manager > Company Setup > Set Up Company Settings

The Regional Settings Page allows you to configure the settings necessary to make AccountMate Enterprise work according to the region where your company is operating from. More importantly it allows you to configure the country tax setting for which the company you are creating must follow in order to perform normal business transactions.

To set the regional settings, perform the following steps:

1.Click the List box button beside the Country Tax field to select the tax rules applicable for the company that you are creating. For example, select the option "United States" for US-based companies with US-based country tax or choose "Canada" if you are creating a company with Canadian country tax.

The country tax determines the tax procedures that will be in effect in calculating tax amounts for the company. Once the company record is saved, you can no longer change the country tax setting.

2.Accept or amend the default currency code in the Home Currency field. Alternatively, you may click the List box button to select the appropriate currency code from the list of active currency codes. The home currency is the currency in which your company's books are primarily kept; it is automatically given an exchange rate of 1.0.

Note: If you want to set up a foreign currency for this company you are creating, you must also activate the Use Multi-Currency feature when you set up the company's GL Module Setup function.

3.Accept or amend the default decimal places that will be used in the Amount Decimal field. You may click the Spinner button to select. You may specify up to 4 decimal places. You may change this setting any time.

You can increase but you cannot decrease the company's amount decimal place setting once the company you are creating is saved.

4.In the Address Labels section, enter values in the following fields:

•City

•State

•Zip Code

5.In the Company Tax ID section, accept or amend the default values under the Label field column. The default values displayed in the Label fields vary depending on the selected country tax. Enter in the fields under the ID column the information corresponding to the field label that serves as the company's identification when filing taxes.

6.If the company has "Canada" as country tax, enter in the Business Number (BN) field your company's business number.

Regional Settings Page

Regional Settings Page

See Also