Defining Revenue Account Pairs

Defining Revenue Account Pairs

Revenue and Deferred Revenue account pairs are defined by subsystem.  Each subsystem can have more than one pair, and for each pair one company is assigned.  Once defined, the account pairs are available to users for product setup.

  1. Using the System Administrator Persona, from the ribbon in Personify, select System Admin > Organization Structure > Organization Unit Definition.  The Organization Unit Maintenance screen will display.

  1. Click Search and Select the organization/organization unit.  The Organizational Unit Maintenance | General System Parameters screen displays.

  1. Click on the Default GL Accounts screen task category and then the Revenue Account Pairs screen task.  The Organizational Unit Maintenance | Revenue/Deferred Pairs screen will display.

From the Revenue and Deferred Revenue Pairs for Product Setup section, the user can filter and view pairs by company.  Verify the correct company has been selected before adding new revenue and deferred revenue account pairs.

  1. To add a new pair, click on the Add button.
  2. Enter the Subsystem for the pair.

  1. Click on the Revenue Account hyperlink and the GL Account chooser will appear.  Double click on the appropriate account.

  1. Click on the Deferred Account hyperlink and the GL Account chooser will appear.  Double click on the appropriate account.

  1. Select the System Default checkbox if needed.  The system default allows new products to be setup with the pair of accounts.

  1. Save  any changes made.
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