Accounts
An account is analogous to an account at a bank:
- A person or business with no financial dealings with a bank will have no account (but the bank may choose to keep demographic information about the person as part of their marketing efforts). The exact analogy exists in this system.
- Individuals with financial dealings with a bank will have one or more accounts. The number of accounts is up to the customer. The exact analogy exists in this system.
A simple way to determine the number of accounts a customer will have is to ask "how many bills do they want each period?" because a customer receives one bill for each account. For example, a conglomerate that owns several offices may want their charges to appear on a single bill rather than have a separate bill for each office. This customer would have a single account.
Related Topics:
Parent Topic: Customer Overview