The Credit Code categorizes the Tax Accounts. Tax Accounts with an assigned Credit Code display the Credit Code in the Credit Check window during Tax Receipt Entry in the Cash Receipts module. Select the Credit Code from the drop-down list to assign it to an account. This code is also referred to as the Bad Credit Code. Because you can define the Credit Codes in the General Ledger Credit Table, the actual meaning of each code can vary.
Where-Used: Maintain the Credit Code during Tax Master Maintenance, at the Property Information Tab. The Credit Code appears on the Tax Master Maintenance Print Report.
Format: 2.0 numeric, predefined