In ElevateBooks, a Customer is an entity, whether an individual, business, or organization, with whom you currently have or plan to establish an Accounts Receivable relationship. Customers in ElevateBooks are subaccounts of Accounts Receivable, playing a vital role in various financial transactions and record-keeping.

Key Customer Functions: Creating a Customer in ElevateBooks unlocks several functionalities:

1. Sales Invoice Issuance:
   • Facilitates the creation and issuance of sales invoices.
2. Delivery Notes Generation:
   • Creates documentation for goods or services delivered.
3. Selling on Credit:
   • Allows transactions for which payment is due in the future.
4. Customer Statement:
   • Displays balances due or summarizes past transactions.
5. Credit Note Issuance:
   • Records returns of goods or services.
6. Sales Quote Generation:
   • Prepares a formal quotation for future business.
7. Advance Payments:
   • Enables receiving deposits or advances against future work or goods delivery.
8. Billable Time or Expenses:
   • Records billable time or expenses for later invoicing.
9. Complete Sales and Receipts History:
   • Tracks the entire history of sales and receipts with a specific entity.

Note:

• Cash sales involving immediate payment may not necessarily require creating a Customer.
• Examples include cash sales to individuals or businesses without the need for future invoicing.

Enabling the Customers Tab: To unlock the Customers tab in ElevateBooks, follow these steps:

1. Click on “Customize” below the navigation pane.
2. Check the box for “Customers.”
3. Click “Update” below the list.

Conclusion: Effectively managing Customers in ElevateBooks is crucial for accurate record-keeping and streamlined financial transactions. Enabling the Customers tab provides a comprehensive platform to track, manage, and communicate with entities to whom you make sales.