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Difference between revisions of "Account Codes"
(Tag: Visual edit) |
(Tag: Visual edit) |
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| Line 30: | Line 30: | ||
|• Account use when using the code in selling. | |• Account use when using the code in selling. | ||
|• Account List provided under Chart of Accounts Module | |• Account List provided under Chart of Accounts Module | ||
| + | |} | ||
| + | Use of System Defined Accounts | ||
| + | {| class="wikitable" | ||
| + | |+ | ||
| + | !Account Codes | ||
| + | !Transaction | ||
| + | |- | ||
| + | |•DFG - Defective Goods Expense | ||
| + | |• Sales Return / Purchase Return | ||
| + | |- | ||
| + | |•ADV - Advance/Down Payment | ||
| + | |• Receipt Vouchers / Payment Voucher | ||
| + | |- | ||
| + | |•ACOG - Cost of Goods (Accrual) | ||
| + | |• Auto-generated Accounts Receivable when creating Delivery Receipt. | ||
| + | |- | ||
| + | |•IC - Inventory Clearing | ||
| + | |• Sales Return / Purchase Return | ||
| + | |- | ||
| + | |•INVR - Inventory Replacement | ||
| + | |• Sales Return / Purchase Return | ||
| + | |- | ||
| + | |•IS - Income Summary | ||
| + | |• Closing of Books / Trial Balance | ||
| + | |- | ||
| + | |•OP - Over Payment | ||
| + | |• Receipt Voucher / Payment Voucher | ||
| + | |- | ||
| + | |•SRA - Sales Return Account | ||
| + | |• Sales Return | ||
| + | |- | ||
| + | |•YEC - Year-End Closing | ||
| + | |• Closing of Books / Trial Balance | ||
| + | |- | ||
| + | |•DC - Discount | ||
| + | |• Sales Module / Purchase Module | ||
|} | |} | ||
__NOTOC__ | __NOTOC__ | ||
Revision as of 11:33, 30 October 2020
This maintenance screen allows users to configure accounting entry preferences for transactions.
This is not to be mistaken with the Chart of Account maintenance
List of system defined accounts:
- DFG - Defective Goods Expense
- AAR - Accounts Receivable (Accrual)
- ACOG - Cost of Goods (Accrual)
- ADV - Advance/Down Payment
- ASP - Sales - Parts (Accrual)
- IC - Inventory Clearing
- INVR - Inventory Replacement
- IS - Income Summary
- OP - Over Payment
- SRA - Sales Return Account
- YEC - Year-End Closing
- DC - Discount
| Field | Description | Expected Values |
|---|---|---|
| 1.Sales Account | • Account use when using the code in selling. | • Account List provided under Chart of Accounts Module |
| 2.Purchase Account | • Account use when using the code in selling. | • Account List provided under Chart of Accounts Module |
Use of System Defined Accounts
| Account Codes | Transaction |
|---|---|
| •DFG - Defective Goods Expense | • Sales Return / Purchase Return |
| •ADV - Advance/Down Payment | • Receipt Vouchers / Payment Voucher |
| •ACOG - Cost of Goods (Accrual) | • Auto-generated Accounts Receivable when creating Delivery Receipt. |
| •IC - Inventory Clearing | • Sales Return / Purchase Return |
| •INVR - Inventory Replacement | • Sales Return / Purchase Return |
| •IS - Income Summary | • Closing of Books / Trial Balance |
| •OP - Over Payment | • Receipt Voucher / Payment Voucher |
| •SRA - Sales Return Account | • Sales Return |
| •YEC - Year-End Closing | • Closing of Books / Trial Balance |
| •DC - Discount | • Sales Module / Purchase Module |