DEFAULT ACCOUNTS

Use this subtask to define which account/organization combinations will be used for the default credit, debit (or allocation), cost variance, and receivable variance postings for a given cost pool. You can specify the debit, cost variance, and receivable variance account/ organizations in the Pool Base subtask if more than one account/organization combination is required for the pool. Any entries made on the Pool Base subtask will override the account/organization combinations specified here.

Use this subtask whenever you initialize a cost pool or service center, to specify the default accounts for that cost pool or service center. You can make changes to this screen at any time.  Changes made here will not override any data in the Pool Base subtask.

Group

This field displays the allocation group number from the main screen.

Pool

This field displays the pool number from the main screen. Default account/organization combinations are valid for that pool number only. The adjacent field displays the name of the pool from the main screen.

Fiscal Year

This field displays the fiscal year from the main screen. You can modify the data (including default account/organization combinations) for a given cost pool each fiscal year.

Allocation Credit Account/Organization

Use this group box to identify the account, org, and reference numbers that you would like to use for the credit allocation.  These are defaults only and can be changed in the Pool Base subtask.

Account

Enter, or use to select, an account to be used for posting the credit (or offset) for the cost pool. The account selected must be active for the Fiscal Year displayed. This is a required field.

Ref 1

Enter, or use to select, a reference 1 to be used for posting the credit (or offset) for the cost pool.

Organization

Enter, or use to select, an organization to be used for posting the credit (or offset) for the cost pool. The organization selected must be active for the Fiscal Year displayed. This is a required field.

Ref 2

Enter, or use to select, a reference 2 that will be used for posting the credit (or offset) for the cost pool.

Allocation Debit Account/Organization

Use this group box to identify the account, org, and reference numbers that you would like to use for the debit allocation. These are defaults only and can be changed in the Pool Base subtask. The debit account/organization will vary according to the base account/organization.  For ease of data entry, you should enter the most common allocation debit account/organization that you plan to use.

Account

Enter, or use to select, an account to be used for posting the debit (or allocated amount) for the cost pool. The account chosen must be active for the Fiscal Year displayed.

Ref 1

Enter, or use to select, a reference 1 to be used for posting the debit (or allocated amount) for the cost pool.

Organization

Enter, or use to select, an organization to be used for posting the debit (or allocated amount) for the cost pool. The organization chosen must be active for the Fiscal Year displayed.

Ref 2

Enter, or use to select, a reference 2 to be used for posting the debit (or allocated amount) for the cost pool.

Cost Variance Account/Organization

Account

Enter, or use to select, an account to be used for posting the cost variance between actual and target rates to the Income Statement for the cost pool. The account chosen must be active for the Fiscal Year displayed.

Ref 1

Enter, or use to select, a reference 1 to be used for posting the cost variance between actual and target rates to the Income Statement for the cost pool.

Organization

Enter, or use to select, an organization to be used for posting the cost variance between actual and target rates to the Income Statement for the cost pool. The organization chosen must be active for the fiscal year displayed.

Ref 2

Enter, or use to select, a reference 2 to be used for posting the cost variance between actual and target rates to the Income Statement for the cost pool.

Receivable Variance Account/Organization

Use this group box to identify the account, org, and reference numbers that you would like to use for the receivables variance. These are defaults only and can be changed in the Pool Base subtask.

Account

Enter, or use to select, an account to be used for posting the receivable variance between actual and target rates to the Balance Sheet for the cost pool. The account chosen must be active for the Fiscal Year displayed.

Ref 1

Enter, or use to select, a reference 1 to be used for posting the receivable variance between actual and target rates to the balance sheet for the cost pool.

Organization

Enter, or use to select, an organization to be used for posting the receivable variance between actual and target rates to the balance sheet for the cost pool. The organization chosen must be active for the Fiscal Year displayed.

Ref 2

Enter, or use to select, a reference 2 to be used for posting the receivable variance between actual and target rates to the balance sheet for the cost pool.