Defining Revenue Accounts

Defining Revenue Accounts

This task defines the income and deferred revenue accounts used in sales and receipt transactions.  Revenue can be distributed across multiple accounts or companies by percentage of the sales amount.  Typically, this is not used in receipt transactions except under unusual circumstances within the fundraising system.  Where multi-company transactions exist, Personify will create inter-company transactions for the revenue distribution.

To define Revenue accounts:

1.    From the Product Definition task category, click Define Revenue Accounts.  The Revenue Accounts screen displays.

2.    Click Define Accounts.  Select the appropriate revenue account.

3.    Click Save. 

 

Was this helpful?
0 reviews