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If that is checked, it does the following:
If someone in the office adds a company, it takes effect immediately. The next time your system checks for updates, then it will also check for any new companies and add them, and select them in the list box. It is needed only in two special cases: 1) You have multiple people in the office, and 2) You divide your workload among employees based on the companies involved. In such a case, if you added a company in the middle of the day, it could cause a problem, because their orders might never been seen given the fact that you must close and restart the program for changes to take effect.  This bypasses that problem and updates as the day goes along....Automatically.