Available in Sage Simply Accounting Premium and higher.
When you create a company, Sage Simply Accounting sets the terms for customers, sales, vendors, purchases, quotes, orders, invoices, receipts, and payments based on your company's industry type. If the default terms are not suitable to your business, you can change them by selecting a custom term.
Once you change your terminology, Sage Simply Accounting immediately starts using it throughout the program, including module names in the Settings window. Areas where custom terms are not used include some inventory reports in which changing the terminology would not make sense and in the online Help, which uses only the default terminology.
If you change what you call sales or purchases in your company, then Sage Simply Accounting may use a one- or two-word term for quotes, orders, or invoices, depending on whether custom terms have been selected for these transactions. In a retail company for example, if your term for sales is Revenues, then your sales invoices will be called Revenue Invoices. If you also change your term for invoices to Charges, then your sales invoices will be called Charges.
Note: Only the terms Quote, Order, and Invoice can be used for both sales and purchases. All other terms for these transactions cannot be the same in both sales and purchases.
Sage Simply Accounting sets the following default terms for companies in the Contractor and Construction industry:
Change the industry type of your company
Change the terms used for customers and sales
Customers & Sales