Custom Account Fields

Accounts are part of the underlying Salesforce platform. In a Salesforce context, accounts are your organization's customers, competitors, and partners. See "What is an Account?" and related topics in the Salesforce Help for more information.

Tip:

See "Account Fields" in the Salesforce Help for a description of the standard fields that make up an account. FinancialForce Accounting extends the standard Account object to include additional customer or vendor data.

Account Detail

Key: * – Mandatory fieldR – Read-only

Field		Description
Account Currency	*	The currency in which this Salesforce account operates. This is not used by FinancialForce Accounting.

Account Balance

All fields in this section are read only. See About Account Balances for more information.

Key: R – Drill down to the account balance report. The behavior of this field is controlled by custom settings. For more details, ask your administrator One or more individuals in your organization who can configure and customize the application. Users assigned the System Administrator profile have administrator privileges..

Field		Description
Company		The companies to which you have access in your organization (org).
Account Balance	R	The current account balance in the specified company. All values are shown in account trading currency.
Total	R	The total balance on this account for the companies to which you have access.

Accounting Information

Key: R – Read-only; C – Customer Account only; P – Vendor Account only; I – Intercompany Account only; D – Can be defaulted by using custom settings; The number indicates the number of characters that are allowed in this field.

Field				Description
Account Trading Currency				The currency in which this account operates within FinancialForce Accounting and related FinancialForce apps. You cannot modify this field once FinancialForce Accounting transactions exist for this account. In a single-currency org, this must match the account currency set at company level. In a multi-currency org, this must be an active (or org) currency.
Accounts Payable Control	D	P		An appropriate accounts payable general ledger account. This cannot be the Retained Earnings account. This is used when you post a payable invoice or other type of document relating to this account.
Accounts Receivable Control	D	C		An appropriate accounts receivable (or trade debtors) general ledger account. This cannot be the Retained Earnings account. This is used when you post an invoice or other type of document relating to this account.
Average Days to Pay	R			Number of days the customer takes to pay on average, based on their payments in the last 365 days. The value in this field is automatically calculated. The calculation uses the matching date minus the invoice date to get the number of days to pay for each invoice. The average is then calculated across all matched invoices over the last 365 days. Invoices that are not fully paid are not included in the calculation. These calculations are carried out using Salesforce Batch Apex to reduce the possibility of exceeding Salesforce platform governor limits. You must schedule the AverageDaystoPayCalculationScheduler Apex class so that the field is populated with the calculated value. For more information on scheduling Apex classes, see "Schedule Apex" in the Salesforce Help. Tip: To check the progress of the batch job, from Setup, navigate to Monitoring | Apex Jobs. Using Lightning ExperienceNavigate to Setup | Environments | Jobs | Apex Jobs.
Days Sales Outstanding (Annual)	R			Average number of days it takes to collect payment after a sale has been made, based on sales and payments made in the last 365 days. The value in this field cannot be edited and is automatically calculated in the following way: (Account Outstanding Value on invoice transaction + Account Outstanding Value on credit note transaction) / (Account Value on invoice transaction + Account Value on credit note transaction) * 365 Credit notes are identified by a minus sign in the Account Outstanding Value and Account Value fields. The calculations are carried out using Salesforce Batch Apex to reduce the possibility of exceeding Salesforce platform governor limits. You must schedule the DaysSalesOutstandingCalculationScheduler Apex class so that the field is populated with the calculated value. For more information on scheduling Apex classes, see "Schedule Apex" in the Salesforce Help. Tip: To check the progress of the batch job, from Setup, navigate to Monitoring | Apex Jobs. Using Lightning ExperienceNavigate to Setup | Environments | Jobs | Apex Jobs.
Default Expense Account	D	P		The general ledger account used by default for expense lines on this vendor's payable invoices. This cannot be the Retained Earnings account.
Intercompany Account	R	I		Indicates that this account is linked to a company (it is an intercompany account). This checkbox is read-only and is set automatically. You cannot clear the checkbox while the account is linked to a company. This field is completely locked when the account has transactions associated with it. It is useful when filtering intercompany reports.
Reporting Code			24	Unique, case-insensitive code for this account, typically used in reporting.

Dimension Analysis

Field		Description
Dimension 1 to 4		Names of the analysis dimensions Custom objects that allow you to analyze the activity in your business in additional ways, such as by cost center, project, employee, or any other business entity important to you. by which you want to analyze this account.

Sales & Use Tax Information

If the tax mode for the current company is "Sales and Use Tax", the following custom fields may be relevant for sales documents relating to customer accounts or payable documents relating to vendor accounts.

Key: C – Customer Account only; T – Related to 1099 tax reporting only
The number indicates the number of characters that are allowed in this field.

Field			Description
Entity / Use Code			If your organization (org) is enabled for external sales tax calculation, this code is sent to the external system (such as AvaTax) if the account's Sales Tax Status is "Exempt" or "Exempt for Qualifying Products" so that tax can be calculated more accurately in the external system.
Exemption Certificate	C	20	If this account's tax status is "Exempt", enter its exemption certificate reference here. If your organization (org) is enabled for external sales tax calculation, this code is sent to the external system (such as AvaTax) if the account's Sales Tax Status is "Exempt" or "Exempt for Qualifying Products" so that tax can be calculated more accurately in the external system.
Federally Reportable 1099	T		Indicates that this account is federally reportable for 1099 tax purposes. If selected, an additional field indicating the default income tax type is displayed on the payable invoice and credit note header.
Income Tax Type	T		Default category of 1099 income tax withheld for this account, such as "1 Rents" or "2 Royalties". These types relate to the boxes on Form 1099-MISC. You can amend this default on the payable document to one of the alternative income tax types or "Not Reportable", even after posting.
Sales Tax Status	C		Tax status of this account. This custom picklist must remain fixed. Do not add or amend its values. The default is "Taxable". "None" is not a valid option here. If the account's tax status is "Taxable" , the tax codes defined in this section are used to derive the tax rates for each sales invoice line item. The rate used is that in force on the invoice date. If the account's tax status is "Exempt", a tax rate of 0.000% is applied to all product lines. If the account's tax status is "Exempt for Qualifying Products", the tax codes defined in this section are used for qualifying products (those with a sales tax status of "Exempt for Qualifying Accounts"), but a tax rate of 0.000% is applied.
Tax Code 1 Tax Code 2 Tax Code 3	C		Default sales tax codes to use when creating invoices and credit notes for this customer account. You can use these to represent the state, county and city tax authorities. The composite tax rate (the sum of the three rates used) is displayed on each line of the document sent to the customer.
Taxpayer Identification Number	T	20	The recipient's Social Security Number (SSN) or Federal Employer Identification Number (EIN). There is no format validation on this field.

VAT/GST Information

If the tax mode for the current company is "Value Added Tax", "Goods and Services Tax" or "Combined" the following custom fields may be relevant for sales documents relating to customer accounts or payable documents relating to vendor accounts.

Key: C – Customer Account only; P – Vendor Account only;
The number indicates the number of characters that are allowed in this field.

Field			Description
Tax Country Code			Code for the European Union country in which this company operates.You can update the entries in this custom picklist. You must specify a code if the account's tax status is "Home" or "EC Registered", but leave this field blank if the account's tax status is "Export" or "EC Non-Registered". If you want to specify Greece in this field, note that for the purpose of EU VAT, the correct country code for Greece is "GR". In other situations, you may select the ISO-3166 code "EL" instead. The country code does not control tax calculations. It is required for the correct reporting of VAT on cross-border trades within the EU. For non-EU countries, it can be used as a memo field.
Input VAT/GST Code	P		Default tax code for this vendor account when the tax mode is "Value Added Tax", "GST" or "Combined". See About Tax for a description of when this tax code is used.
Output VAT/GST Code	C		Default tax code for this customer account when the tax mode is "Value Added Tax", "GST" or "Combined". See About Tax for a description of when this tax code is used.
Tax Calculation Method			Method used by the account to calculate taxes: "Gross" or "Net of Discount". One of these two values must be set on an account. If you set this to "None", the validate routines will raise an error. See How FinancialForce Accounting uses Credit Terms for more information.
Tax Status			Tax status of this account. This custom picklist must remain fixed. Do not add or amend its values. If the customer is registered for VAT/GST in the same country as the vendor company, select "Home". If the customer is registered for VAT/GST in a different EU member country, select "EC Registered". If the customer has supplied their tax country code and tax registration number, sales to this customer or purchases from this vendor are zero-rated. If the customer resides in another EU member country, but is not registered for VAT/GST there, select "EC Non-registered". VAT/GST will be charged at the tax rates applicable in the country of dispatch. If a customer account resides outside of the EU, select "Export". Exported sales are zero-rated. Note: If you use the Multiple Companies Configuration feature, the Tax Status field of any records in the Multiple Companies Account Config object override the Tax Status of the Account object. For more information, see Multiple Companies Account Config Fields.
Tax Registration Number		20	Identifying number used for tax purposes. There is no format validation on this field. If this account's tax status is "EC Registered", you must specify a tax registration number. For customer accounts, this information will appear on all invoices and credit notes sent to this customer. If an invoice or credit note is raised for this account in a company configured to use AvaTax for tax calculation, then regardless of the company's record type (VAT, GST, Combined or SUT) this number is passed to AvaTax in its Business Identification Number (BIN) element.

Bank Details

Key: C – Mandatory for direct debit collections from this account; Set P1 or P2 – Mandatory for electronic payments to this account. See note.
The number indicates the number of characters that are allowed in this text field, where appropriate.

Field			Description
Bank Account Name	C,P1,P2	80	Short name for the customer's bank account.
Bank Account Number	C,P1	40	Number of the bank account.
Bank Account Reference	C	20	Account reference, sometimes used for electronic transfers.
Bank City		40	City portion of bank address.
Bank Country		40	Country portion of bank address.
Bank Fax		40	Fax number of the bank.
Bank IBAN Number	P2	36	International Bank Account Number of the customer's bank.
Bank Name		80	Full name of the customer's bank.
Bank Phone		40	Primary phone number for the bank.
Bank Sort Code	C,P1	20	Bank identifier.
Bank State/Province		20	State or province portion of bank address.
Bank Street		255	Street address of the bank.
Bank SWIFT Number	P2	36	Society for World-wide Inter-bank Funds Transfer number.
Bank Zip/Postal Code		20	Zip or postal code portion of bank address.

Note:

If you are planning to accept direct debit collections from this account, you must provide the set of mandatory bank details marked C above.

If you are planning to make electronic payments to this account, you must provide one of the two sets of mandatory bank details marked either P1 or P2 above.

Credit Management Information

Key: C – Customer Account only
The number indicates the number of characters that are allowed in this text field, where appropriate.

Field			Description
Collections On Hold	C		Select to place the customer account on hold for collections. Customer accounts on hold are excluded from the collections reminders and statements processes. Additionally, you cannot make payments to customer accounts on hold.
Collections On Hold Reason	C		A picklist field. You can select one of the following reasons: Account in dispute Invoice in dispute Other You must enter a reason if you put an account on hold.
Credit Agency	C	255	Name of the credit agency responsible for this account's credit rating.
Credit Limit			The credit limit for this account in account currency. If the Credit Limit Enabled checkbox is selected, you can enter zero or any positive value. if a credit limit is not enabled (the checkbox is deselected) do not enter a value.
Credit Limit Enabled			Set to enable the entry of a credit limit for this account.
Credit Limit Reviewed			Date when this account's credit limit was last reviewed.
Credit Manager	C		Manager responsible for these credit details. This must be an existing Salesforce user.
Credit Rating	C	40	Rating given by the credit agency.
Credit Rating Reviewed	C		Date when this credit rating was last reviewed.
Credit Reference	C	40	This account's reference at the credit agency.
Credit Status			Current credit status for this account, such as "On Hold", "Cash with Order" or "Credit is Allowed". You can update the entries in this custom picklist.

Finance Correspondence

Key: C – Customer Account only; P – Vendor Account only
The number indicates the number of characters that are allowed in this field.

Field		Description
Billing Method	C	Billing method for this vendor account.
Finance Contact		Contact associated with this account to which mass email messages, such as remittances and reminder letters, are sent. The selected contact must have an email address.
Invoice Email	C	Email address to which you want sales invoices and credit notes sent. Must be a valid email address in the form: jsmith@acme.com.
Payment Method	P	Payment method for the vendor account. You can select one of the following payment methods: Check Check per PIN Electronic Asperato - Domestic Asperato - Domestic - ACH Asperato - Domestic - BANK_TRANSFER Asperato - Domestic - BPAY Asperato - Domestic - FAST Asperato - Domestic - FASTER_PAYMENTS Asperato - Domestic - FEDWIRE Asperato - Domestic - FPS Asperato - Domestic - GIRO Asperato - Domestic - RTGS Asperato - International

Credit Terms

From Fall 2019, credit terms are held in Foundations and are editable via a related list. Contact your Administrator if the Credit Terms related list is not available.

See How FinancialForce Accounting uses Credit Terms for an example of how credit terms are applied.

Note:

If the account is both a customer and a vendor, and they have different credit terms, you must create two separate accounts.

If a customer's credit terms are defined here they will override the standard terms defined on the company record.

A vendor's credit terms must be defined on the account because payable invoices and credit notes do not use the credit terms defined at company level. You must set up, as a minimum, the first set of credit terms for a vendor.

If you specify an offset or a discount, you must provide an equivalent base date.

Field	Description
Base Date (1–4)	The base date used to calculate the credit terms.
Days Offset (1-4)	The number of days past the base date for the described credit terms during which the stated discount will be deducted from payments.
Description (1-4)	A free text field used to describe up to four sets of credit terms.
Discount (1-4)	The percentage discount to be deducted if payment is made within these terms.

Accounts in Use

Field	Description
Allow Deletion of Accounts in Use	See About Customer Accounts and About Vendor Accounts for more information relating to this field and its use.

Buttons

The following buttons may be available on the account detail page. The messages returned are for information only. This means that a failure of validation does not prevent you from saving the account. However, if you do choose to enter the unvalidated account on a FinancialForce document, errors may be returned when you post it. To prevent this happening, correct any reported errors and, if necessary, repeat this step until you get a successful validation message.

If you cannot see these buttons on the detail page, contact your Salesforce administrator.

Button	Description
Cash Matching	Opens the Cash Matching page with the selected account preselected.
Validate Customer	Validates the customer-related custom fields, including the account trading currency. Note: When you click Validate Customer the Tax Status field on the Account object is validated. However, if you select the Use Multiple Companies Configuration custom setting, it is the Tax Status field on the Multiple Companies Account Config object that is validated. For more information, see Accounting Settings.
Validate Vendor	Validates the vendor-related custom fields, including the account trading currency. Note: When you click Validate Vendor the Tax Status field on the Account object is validated. However, if you select the Use Multiple Companies Configuration custom setting, it is the Tax Status field on the Multiple Companies Account Config object that is validated. For more information, see Accounting Settings.
Validate Billing Address	Validates the account's billing address to see if it is recognized by the US Postal Service (typically only US and Canadian addresses are recognized). Address validation is only supported if the organization is enabled for external tax calculation. See Validating Addresses for External Tax Calculation for more information. The Billing Address Validated checkbox is selected if the current address has been validated. This checkbox is read only.
Validate Shipping Address	Validates the account's shipping address to see if it is recognized by the US Postal Service (typically only US and Canadian addresses are recognized). Address validation is only supported if the organization is enabled for external tax calculation. See Validating Addresses for External Tax Calculation for more information. The Shipping Address Validated checkbox is selected if the current address has been validated. This checkbox is read only.