Accounting Configuration Overview

Before you can perform and process accounting tasks in Vision, you enter accounting configuration settings.

You enter accounting configuration settings on a system-wide level and at the company level. Through Security Configuration, you can restrict access to Accounting Configuration and other menu items.

Related Topics:

  • Summary of Accounting Configuration Settings
    If you are new to Vision, you may find it helpful to review the configuration settings related to Accounting.
  • Accounting System Settings Overview
    In Accounting System Settings, you establish the system-wide settings that apply to all companies in your enterprise.
  • Accounting Company Settings Overview
    Use Accounting Company Settings to set up general accounting features listed below that apply to a specific company in your enterprise.
  • Intercompany Billing Setup Overview
    If your firm uses the Multicompany feature, you can share employees among companies while you maintain accounting for both labor and expense charges associated with shared work efforts.
  • Employee Types Setup Overview
    Employee types determine the accounts that Vision uses to charge labor to projects, phases, and tasks.
  • Time Analysis and Benefit Accrual Setup Overview
    Use Time Analysis and Benefit Accrual Setup to set up headings for columns on the Time Analysis report, the Time Analysis projects, and benefit accrual data such as codes and carryover limits.
  • Accrual Schedule Setup Overview
    Use an accrual schedule to specify the number of hours that an employee earns, based on months and years of service, for vacation and sick time.
  • Tax Code Configuration Overview
    Use Tax Code Configuration to set up the tax codes that are used to calculate taxes in various places throughout Vision.
  • Bank Codes Setup Overview
    Bank codes represent the bank accounts that you use when you enter cash-related transactions (cash receipts, cash disbursements, accounts payable payments, and so on) in Vision.
  • System Accounts Payable Configuration Overview
    In System AP Configuration, you establish the accounts payable settings that apply system-wide, for all companies in your enterprise.
  • Company Accounts Payable Configuration Overview
    Use Accounts Payable Company Settings to set up the accounts payable company-wide features, including default payment terms, liability codes, vendor types, and discount codes.
  • Expense Code Override Table Overview
    Expense code override tables are exception tables that let you assign bill by default settings for specific expense codes for a project.
  • Accounts Receivable Configuration Overview
    Use Accounts Receivable Configuration to specify headings for columns on the AR Ledger report and to set up mapping accounts for invoices and accounts receivable.
  • Overhead Allocation Configuration Overview
    Before your firm uses the Overhead Allocation feature, you must enter and define certain company-wide information that all projects use.
  • User-Defined Revenue Setup Overview
    Revenue methods are used to calculate revenue when you run Revenue Generation. Vision includes standard revenue methods. You can also set up new revenue methods.
  • Labor Code Setup Overview
    Use labor codes to classify the types of work that your staff performs. Labor codes are a key element in project control operations.
  • Cash Flow Statement Setup Overview
    The Cash Flow Statement reports cash flows on a cash basis, and focuses on liquidity. The net cash flow from one period to the next on the report should equal the change in cash between the two balance sheets that cover the same period.
  • Credit Card Configuration Overview
    You turn on and configure the Credit Card feature in Accounting Configuration.
Parent Topic: Configuration Overview