A Federal Tax Identification number is also known as an Employer Identification Number (EIN), and is used to identify a business entity. If you don't have a Federal Tax ID, you can now apply for one online.
- On the Home screen, click Options.
- Click Billing.
- Enter the Federal Tax ID number.
- In Aging Periods (Days), enter three age categories. Aging Periods are used to determine if customer payments are keeping close to schedule.
- Click Close.
Print the Aging Journal report to locate late payments. The Aging Journal displays how many days the account is past due.