Glossary
The words you will see around your desk, in one place.
| Word | What it means |
|---|---|
| Apply link | Your branded page where applicants apply: valtisdesk.com/apply/your-name |
| Application | One business asking you for a credit account, with its principal, three references and signature |
| File | The page for one application, with everything you need to decide |
| Principal | The owner or officer who signs for the business |
| Personal guarantee | An optional promise by the principal to pay personally if the business does not. On Pro |
| Trade reference | A supplier the applicant already buys from on terms |
| Pay scale | The four answers to "How do they pay?": pays on terms, 15 to 30 days late, 30 to 60 days late, collections |
| Late reference | A reference with no answer 48 hours after the email |
| Waiting on references | A file still collecting vendor answers |
| Ready for review | A file where every reference has answered |
| Credit line | The most the customer can owe you at once |
| Terms | When invoices are due, such as Net 30 or COD |
| Credit review | The date to look at an approved account again |
| Audit PDF | One file with the application, the vendor answers, the signatures and the seal |
| Seal | A SHA-256 hash of the signed application, so any later change shows |
| Alert address | The email in Desk settings that gets new applications and finished references |