Settings Billing Lists

Nominal Codes

Nominal codes are a means of analysing sales revenues raised in EquisoftLive under different Book-keeping headings. They are compulsory for use with the Ledger Module.

For example they will enable you to sum all your vet recharges to one total and for it to be reflected in the chart of accounts.

Bill Categories

Customise a list of Billing categories (frequency of charging) to suit your charging needs.

Typically the values are: Monthly, Departure, On demand, etc.

Keep Categories & Rates

Use the window to create a customised list of keep/boarding rates per day. Within each charge category the system allows you to maintain daily rates based on an effective date in each case.

Category Details

• Description: (required) Description to be used for the Keep Category throughout the system.

• Active: Indicate whether the Keep Category is in use.

• Tax Code: The Tax Rate used when charging the Keep Rate for this Keep Category.

• Nominal Code: The Nominal Code used for analysing the charges for the Keep Category.

An individual Keep Category can then be attached to each Horse record in the system in the Billing Section.

For example, you could have a number of horses on a “special” rate of 35.00 per day and increasing this to 40.00 per day on the 30th June.

There is no need to touch the horse record to implement the rate change - it is updated on a global basis.

Users can maintain a history of Rate changes for a Keep Category, which is displayed in the snapshot in the lower right corner of the Keep Categories & Rates screen.

Existing rate changes can be modified to amend the Daily Rate or the Date Effective, or a new rate change can be added by clicking the 'New Rate' button.

Tax Rates

This window is used to create a customised list of tax rates to be used throughout the system.

For each code, enter a %, whether the code denotes “exempt” status and an Interface code.

The Interface code is only needed if you are using a 3rd party accounts system.