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How to Create a Counterparty

The Create Customer Wizard walks the user through creating a counterparty within VisViva.

Customer Details​

Enter the customer details.

Please keep in mind, the Contact Email Address input is where Digital Contract Signature Requests will be sent to.

Approved Entites​

Select which Transacting Entities can execute Contracts with the Counterparty.

Credit​

The Counterparty's Credit Limit.

Billing​

Billing Cycle Settings​

Billing Cycle Days​

The NET days for invoice due dates

Active Cycle Days​

Which days of the week count towards the Billing Cycle days

Holiday Schedule​

Which Holiday Schedule to use for omitting days when calculating the invoice due date

Invoice Grouping Options​

Configures how invoices will group transactions.

  • Contract - VisViva will produce 1 invoice per contract. For example, if a counterparty has liftings on one day for 2 different contracts, VisViva will produce 2 invoices grouping the liftings by contract.
  • Transaction - VisViva will produce 1 invoice per transaction.

Invoice Due Date Options​

Configures how VisViva will calculate invoice due dates.

  • From Date of Transaction - VisViva will calculate invoice due dates from the Actual Date of the transaction, or date of lift.
  • From Date of Invoice - VisViva will calculate invoice due dates from the date of invoice generation.

ACH Routing Number​

The ACH Routing Number to use for NaCHa file generation.

Please keep in mind, if this field is not fulfilled, the counterparty's invoices will not be included in NaCHa file generations

ACH Account Number​

The ACH Account Number to use for NaCHa file generation.

Please keep in mind, if this field is not fulfilled, the counterparty's invoices will not be included in NaCHa file generations

Billing Contacts​

A list of Email addresses used for distribution of invoices.

Alias​

The name of the Billing Contact.

E-Mail​

The Email address of the billing contact.