Company Accounts Receivable enables a Company to obtain reservations on credit to be paid at a later date.

Overview

A Company is a business that can be added and used in RMS for Reservations, Accounts Receivable and the Corporate Portal.

A Company will be on Credit Hold by default, preventing the Company from having any Tax Invoices generated being sent to Accounts Receivable for payment at a later date.

Company Accounts Receivable enables properties to setup the Credit Terms negotiated with a business to allow use of Accounts Receivable for that Company in RMS.

Enterprise properties can setup a Credit Hold or Credit Terms per property using the Accounts Receivable tab on Company setup.

Please Note! RMS is highly configurable. Some Terminology, User Access & Permissions, Images, Labels, and Functions used in these articles may differ from your setup. CLICK HERE to find out more.

Tip! Selecting the Credit Hold checkbox will prevent using Accounts Receivable at the selected property for this Company.

To setup a Credit Hold or Credit Terms at an Enterprise level (all properties) use the 'Bill To/Credit Hold' tab.

Guide

In the side menu of RMS, go to Setup > Company.

1. Select 'Edit' on an existing Company.
   
    
2. Navigate to the 'Accounts Receivable' tab.
3. Select 'Add'.
   
    
4. Select a Property or Grouping.
   Select the checkbox 'Credit Hold' and skip Credit Limit and Credit Terms (Optional).
   Selecting the Credit Hold option will disable Accounts Receivable functionality at the selected property.
5. Enter a Credit Limit.
6. Enter a Credit Term.
7. Select Save/Exit.