Customer master file definition
/What is the Customer Master File?
The customer master file is used to maintain information in the accounting database that is unique to each customer . Examples of the information contained within the file are as follows:
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Customer name
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Customer identification number
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Customer address
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Contact name and phone number
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Sales representative name
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Customer tax identification number
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Customer credit limit
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Customer credit score
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Customer payment terms
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Customer ship-via settings
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Past due notification flag
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Monthly statement flag
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Taxable flag
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Tax exempt ID number
The information contained within this file is used to automatically populate fields in new transactions , such as customer sales orders . Access to this file should be restricted, in order to preserve the integrity of the stored data.
