How to set up Microvet defaults
Certain default values can be entered to 'pre-program' Microvet to do certain
things automatically e.g. the percentage stock markup. To access the defaults window:
Click on FILE on the
main menu
Click on
DEFAULTS
Only users
with level four access will be able to enter the defaults
Also see How to add user passwords
Stock markup
When you add a new stock item, you can enter up to four different selling prices
for each item. Selling prices are calculated by the program using a markup percentage. The
values you specify here for rates three and four, are the default markup percentages
Microvet will use when you are adding new stock items. You can, however, change stock
markup percentages manually for individual stock items.
Also see How to add stock item
Monthly interest
percentage
This is the
default interest rate Microvet uses when you add new clients. If you charge interest on
accounts in arrears, the program will calculate interest using this rate. You can also
specify interest rates for individual clients.
Also see How to add a client
Month-end warning
On this specified
day of the month Microvet will show a pop-up message to remind you to do your month-end
procedure.
VAT on payment or
on invoice
There are two ways
of paying VAT: on the money you bank (the payment system)
or on the invoices you
generate (the invoice system). This setting only influences the sales tax reports and
sales tax summary.
Also see Reports:
Practice sales tax reports
Charge interest
If you charge
interest on arrears, this option specifies from which account age interest must be added.
Interest is added during the month-end procedure.
Admin fees
Enter the amount that should be
charged as administration costs for each account age.
Statement style
Current
month -
The balance brought forward from the previous month-end and all the line items added
thereafter is printed.
Fully detailed - All the line items since
using Microvet is printed.
Summarised
- The balance brought forward from the previous month-end and the debit and credit totals
of all the invoices thereafter with the invoice number is printed.
Also see How to do a month-end
procedure
Condense invoices
by category
Invoices can be condensed according to the category the line item belongs to.
Also see How
to add a transaction: How to print a condensed invoice
Also see How to add and edit
categories
Round off to
closest 10c
This option will
round off amounts to the nearest 10c, except on payments, interest and administration
fees.
Print discount
message on statements and calculation of discount
Also see How to use the
different discount options
Locations 1 to 5
Enter the names of
the different stock locations.
Also see How to
work with different stock locations
Click on the ACCOUNTS button on
your defaults window
Default cash
account
Click on the CASH
button to select the account for which you want to add all your cash sales. This account
is then linked to the cash till icon on your toolbar.
Also see How to
add a transaction: How to add a quick cash sale
Default bank
account
Click on the BANK
button to select your bank account to which all client payments should be banked and
expenses paid from.
Also see Microvet accounting: How to setup
your bank account
Also see How to
bank client payments to a bank account
Default petty cash
account
Click on the PETTY
CASH button to select your petty cash account to which client cash payments could be
banked and expenses paid from.
Also see Microvet accounting: How to
setup your petty cash account
Also see How to
bank client payments to a bank account
Click on the TAXES button on
your defaults window
Fill in the
rates for each
Sales TAX rate
Skills
development rate
Unemployment
insurance fund contribution
Regional
service levy
Regional
establishment levy
Also see Reports: General practice reports
Also see Microvet
accounting: How to add a creditor or expense account