The Billing Address is address where your customers and vendors will mail their payments and bills. The phone number must also be entered in its field "Phone1". Billing Address will appear at the top of all of your invoices, sale orders, purchase orders, receiving lists and payment receipt.
The Shipping Address is address on which you will be receiving all of your goods. This address is automatically entered in the "Ship to" of each new purchase order. You can change the shipping address in the Purchase Order Form.
You can set the number of figures after a decimal point for the prices and extended in the same form .