How do you set up the debtor groups

Through debtor groups, it is possible to financially link debtors to different general ledger accounts. Additionally, you can specify for each debtor group which general ledger account the order discount should be posted to.

Note!
The master table for debtor groups can be found in the process table Debtors. The initial settings of this table can ensure that a group is automatically assigned when creating a debtor.

The following settings influence how MKG will handle debtors and/or creditors when invoicing and updating payment transactions:

VAT number. To ensure that no VAT is charged on invoices to foreign customers, a VAT number must be entered in MKG on the debtor's master data. The tax authorities require the VAT number to be mentioned on the invoice.
Payment condition. The payment condition indicated on the debtor's or creditor's master data determines the due date. The due date is calculated from the invoice date entered in MKG and the entered payment condition. The manually entered payment date is not used in the analysis of the age of outstanding items but the invoice date (or the due date based on the payment condition).
Bank details. To update payment transactions in MKG using the 'Internet Banking' module, the bank location must also be entered on a creditor in addition to the account number. If this is not the case, a proper payment file cannot be created that can be read into the payment program.

Enable account verification
By enabling account verification in the table Banks, you prevent a bank account number that does not meet the eleven-test from being entered on a debtor.

Knowledge Center
How do you set up the VAT codes?
How do you set up the creditor groups?
How do you set up the sales groups?

terms of payment bank order discount vat no.invoice date debtor group expiration date

Published:29 jun 2025 00:58
TypeHandleidingen
Category
Financial, Debtor Groups
Product
MKG5
Availability
Openbaar