How to...
Posting account settings include default settings for global posting accounts, debits and credits by organization, foreign posting accounts, and gains and losses.
- Related Topics:
- Set Up Default Accounts
You can set up default accounts that receive automatic postings for your company. If you use multiple companies, you also set up intercompany accounts to facilitate transactions between the companies within your enterprise. - Set Up Posting Information
Vantagepoint automatically posts at least one side of a debit and credit general ledger entry for you. Use the Posting Account Settings to determine the credit side of the entry for labor, miscellaneous expenses, reproductions, consultant accruals, employee expenses, and employee advances, and to enter settings for control totals and posting logs. - Set Up Organization Debits and Credits
Use the Organization debits and credits fields in Posting Account Settings to determine the debits and credits that you want to distribute by organization. If you do not want payroll liability credits distributed by an organization, you can select the payroll liability organization that you want. - Set Up Accounting Company Gains and Losses
If your enterprise uses multiple currencies, you set up default general ledger accounts and projects for realized and unrealized gains and losses.
Parent Topic: Posting Account Settings