Overview
Provides the ability to assign more than one revenue account against certain transactions. If the revenue associated with the transaction needs to be distributed across multiple Sales Accounts, the Sales Accounts can be defined by adding records as required. The total percentage cannot exceed 100% but can be less. If the distribution does not total 100%, the undistributed portion will be assigned to the Revenue Account defined on the main record.
Application
To be used to when wanting to assign more than one Revenue Account for a transaction.
Prerequisites
None
Navigation
Sales Contracts Maintenance > Contract Miscellaneous Charges (not in Edit mode)
Sales Contracts Maintenance > Products for Purchases (not in Edit mode)
Sales Contracts Maintenance > Recurring Charges (not in Edit mode)
Processing
- Within the records defined in the Navigation section above (not in Edit mode), click on the Sales Account Distribution button.
- Add Sales Accounts as required and click Save.
Fields
Sales Account: A valid Sub Ledger Account where the GL Type = Revenue.
Amount: Either enter Amount in which case the Percentage is automatically calculated, or enter Percentage and the Amount is automatically calculated.
Percentage: Either enter Percentage in which case the Amount is automatically calculated, or enter Amount and the Percentage is automatically calculated.
SEE ALSO
