Trading partner

A trading partner is a registration setting that covers all customers and suppliers a company does business with, whether they are individuals or organizations. Each financial transaction—like accounts payable or accounts receivable—is tied to a specific trading partner. This makes it possible to closely track customer payments, supplier payouts, and patterns of missed payments.

Access the Trading partner page

Navigate to Cash Flow Settings > Trading partner.

Add a trading partner

  1. Access the Trading partner page.

  2. Click .

  3. Complete the fields:

    • Key: A unique combination of numbers and letters to identify the trading partner.

    • Name: The name of the customer or supplier.

    • Type: Indicates whether the entity is a customer, supplier, or both.

    • Average default: A numerical value representing the trading partner’s average default. See Configure default calculation for trading partners.

    • Flow : Groups the trading partner under a specific Flow. , .

    • Status: Sets the trading partner as active or inactive.

       Note:  Inactive trading partners cannot be used in Imports or Forecasts.

  4. Click .

Configure default calculation for trading partners

Using the Parameters for default calculation tab, you can configure default calculation models for trading partners:

  • Standard: Uses a user-defined number of days before the current date.

  • Seasonal: Uses historical documents from previous years to calculate an average default per month, improving forecast accuracy.

Import trading partners or flows

To register multiple trading partners or flows at once, use the feature:

  1. On the Trading partners import page, select Flow or Trading partner.

  2. Download the standard import file.

  3. Populate the required fields as instructed in the file.

  4. Upload the completed file.

Delete trading partners

Delete a trading partner

  1. On the Trading partnerspage, select the trading partner.

  2. Click .

  3. Confirm your action to remove the trading partner.

Delete all trading partners

 Caution:  This action is irreversible and will permanently delete all configured trading partners.

  1. On the Trading partners page, click .

  2. Confirm your action.

Using trading partners

The Trading partner parameter is available in:

  • Options Settings > Special functions

  • Registrations Settings> Users

  • Options Settings > System Settings

  • Dashboards

  • Cash flow

  • Financial Planning > Forecast

  • Bank reconciliation

  • Integration > Documents