The Account Status window
The Account Status is a descriptive addition to a status type and can be used by sites to differentiate between various situations and to monitor the movement between them from time to time.
The Account Status window allows you to add and delete the Account Status for creditor accounts. The account status consists of the status (descriptive part) and the type (Open or On Hold) which is the effect of the status. For example, the account status In Dispute with the type On Hold associated with it will prevent a cheque or electronic banking run for the selected client or supplier.
The system allows all transactions to be posted to accounts that are Open.
For example, additional supplier invoices cannot be posted to accounts that are intrinsically On Hold.
The Account Status for a client or supplier is set on the Defaults tab of the client or supplier details page.