What can I do in the account Overview tab?

Owned by Rachael McMullen
Last updated: Aug 25, 2023
2 min read

How to view the account details,

  1. Go to the Expense Management module.

  2. Click on Operations.

  3. Select Accounts Manager.

  4. Click on the spyglass under the Edit column to view the account record details. The Overview tab is the default tab.

  5. Remember to click the Save button whenever you make a change!

Update your account description

Provide a description that helps you, or the invoice approvers, define the account and explains the type of services billing

View Account download & payment settings

Asignet manages the download and payment settings; however, you have the ability to view how the account is configured. Knowing this information will explain invoice frequency, when the invoice is expected, and payment methods.

Update the Cost Allocation strategy

The Cost Allocation strategy determines how you allocate charges on the invoice. We support the following allocation strategies:

Account

Allocate the current charge to a GL string.

Subaccount

Allocate each billing Subaccount to unique GL strings.

Line

Allocate each billing Circuit / Line / Service ID to unique GL strings.

Line and orphan BI

Allocate each Circuit / Line / Service ID and any billing items (unique line item charges on an invoice) that aren’t associated to a Line to unique GL strings.

Manage Reference Information

The Remit Address is populated based on the remit provided on the invoice by the Vendor; however, there are client defined values that can be managed in this tool.

Vendor Number

This is the reference code for the Vendor. This is a client-defined value that your AP Department needs to provide, and it can be part of your AP Export file upon request.

Vendor Name Mapping

Provide your own Vendor Name!

Remittance ID

This is the reference code for the Vendor’s remit address where to send payment. This is a client-defined value that your AP Department needs to provide, and it can be part of your AP Export file upon request.

 


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