Contents of the Manage Accounts Screen
Use the fields and options to configure the Manage Accounts screen.
Accounts
| Field | Description |
|---|---|
| Account |
Enter the number of the account. The structure of the account number must conform to the number and size of levels defined on the Configure General Ledger Settings screen. You must add the higher levels of an account before you can set up lower levels. For example, 0100 must exist before you can add 0100-001. (Similarly, you must delete lower-level accounts before you can delete a higher-level account.) You cannot "stack" detail accounts. In our example, Account 0100 must be a summary (non-detail) account. If you select the Detail check box for 0100, you cannot then add a lower-level account, such as 0100-001. You are not required to enter the separator between the levels of the account. Costpoint can automatically insert the separators based on the account structure set up on the Configure General Ledger Settings screen, as long as you enter all the characters possible for a given level. For example, if the first level has four characters, you enter 0100 rather than 100. However, if you prefer to enter the dashes and not have to fill the entire level, you can do so for any level of any all-numeric account number. Costpoint right-justifies the level and pads it on the left with zeros. |
| Name |
Use alphanumeric characters to enter a descriptive name for the account. Costpoint displays the account name with the account number on screens and reports. |
| Level |
This field displays the level of the account structure. |
Basic Information
| Field | Description | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Detail |
Select this check box if the account is a detail account. A detail account is an account for which you can enter charges and post amounts to the general ledger. Accounts that are not detail accounts exist solely for summary purposes. You can run reports that roll up all account activity charged to the detail accounts. You can only change this setting before you save the new account record. After you save the account, you cannot change it from a detail to a summary account or from a summary to a detail account. A detail account cannot have subaccounts. For example, the scenario in the first table below is valid but the scenario in the second table is not:
If you do not select the Detail check box (because you are adding a summary account), you only make entries in the Account and Name fields. |
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| Project Required |
Select this check box to indicate that whenever the account is used, a project must be charged. You can only change this setting before you save the new account record. After you save the account, you cannot change it. When you use a project-required account in data entry, Costpoint also validates that the account is in the project account group of the project that is charging the account. Depending on the project setup, you may also need to link the account to the project on the screens listed in the following table. The screen that you use depends on the option you select in the Limit group box on the Basic Info tab of the Manage Project User Flow screen:
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| Active |
This check box is only available if you first select the Detail check box. Inactive accounts cannot be charged. Do not select this check box if you need to put this edit in place for the account.
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| Account Type |
Use the drop-down box to select the account type for a detail account. The valid entries are:
The account type you select determines which primary financial statement lines are available for selection in the Financial Statement Line field. The account type is also used when you close the fiscal year. Balances for accounts with the Income, Labor Expense, or Non-Labor Expense account type are summed and rolled into the retained earnings account specified on the Configure General Ledger Settings screen. |
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| Account Entry Grp |
Enter, or click
You set up account entry groups on the Configure Account Entry Groups screen. Use account entry groups to restrict the use of sets of accounts to specific transaction screens. When you set up an account entry group, you indicate the transaction screens on which charges can be entered for the accounts assigned to that account entry group. Note: Deltek recommends that you assign accounts used as pool allocation accounts to account entry groups that restrict user entry to PAJ (Project Allocation Journals) only. Because the computed amount to post for pool journals is determined by the balance of those accounts in the general ledger, it is important that only pool journals are posted to those accounts. The same is true for the accounts payable account. Because this account balance should tie to the Open Accounts Payable report, that account should be assigned to an account entry group that only allows charges entered in APV (Manage Accounts Payable Vouchers) and POV (Manage Purchase Order Vouchers) should be included in this account entry group.
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| Time Collection Account Type |
If appropriate, enter or click
This field is active only if you are licensed for Time Collection and your Deltek Time and Expense version on the Corporate Labor Settings subtask of the Configure Labor Settings screen is valid. |
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| Financial Statement Line |
You must assign every detail account to one line of the primary financial statement. Click
The account's account type must be appropriate for the type of financial statement to which the line belongs (Balance Sheet or Income Statement). The following table shows the valid pairings.
The Lookup list for this field is empty until you make a selection in Account Type; once populated, it contains only the lines appropriate for the account, based on its account type. For example, if you select a balance sheet account type in Account Type, the Lookup list contains only lines set up for balances sheets on the Manage Financial Statements screen. When you save an income or expense account type, the account type is automatically linked to the Retained Earnings Financial Statement line that has been set up on the Configure General Ledger Settings screen. You can then view it on the Manage Financial Statements screen.
When you save an income account, labor expense account, or non-labor expense account, the account is automatically linked to the retained earnings financial statement line that you specified on the Configure General Ledger Settings screen. |
to select, the account entry group to which you are assigning the account. The default selection is
Fiscal Year/Period Information
| Field | Description |
|---|---|
| FY Starting/FY Ending and Pd Starting/Pd Ending |
You only use the starting and ending fiscal years and periods for an account that is valid only for a particular period of time. For example, if you decide to discontinue use of an account at the end of fiscal year 2011, you specify the final period of 2011 as the ending period for that account. If you are replacing it with another account, you also specify the first period of 2012 as the starting period for that new account. When you set up an account that you want to use immediately and continuously for the foreseeable future, leave these fields blank. These fields only restrict transaction entry. They do not prevent you from posting existing transactions for an account. If you specify a range of periods for which an account is active, it applies also to any new account/organization links that you create for the account. However, if you change the range of periods, that change is not automatically applied to any existing account/organization combinations. |
Non-Profit Information
| Field | Description |
|---|---|
| Restricted | Select this check box to exclude the account when you generate non-profit reports using Costpoint Business Intelligence. |
Other Fields Not Shown
Each account also has eight segment ID fields and seven name fields that do not appear on the screen. The segment ID fields hold each individual segment of the account number. The name fields hold the name of every parent that account has. For example:
| Acct | Name | Seg1 | Name1 | Seg2 | Name2 | Seg3 | Name3 |
|---|---|---|---|---|---|---|---|
| 100 | Assets | 100 | Assets | ||||
| 100.002 | Fixed Assets | 100 | Assets | 002 | Fixed Assets | ||
| 100.002.3 | Computers | 100 | Assets | 002 | Fixed Assets | 3 | Computers |
When you add an account, all of the segments and names are included with the new account. If a parent account's name changes, its name is updated for all of its children. An eighth name is not stored, because it would always be the same as the account's main name.
A Top Level Flag field as also stored for each account. If the account only has one segment, the flag is set to Y. Otherwise it is set to N.
Project Manufacturing Information
| Field | Description |
|---|---|
| Export to Shop Floor Time |
Select this checkbox to export the account to Shop Floor Time. Note: This field displays only if you are licensed for Shop Floor Time.
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| Export to Manufacturing Execution |
Select this checkbox to export the account to Manufacturing Execution. Note: This field displays only if you are licensed for Manufacturing Execution.
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Subtask
| Subtask | Description |
|---|---|
| Link to Organizations | Click Link Organizations to open the Link to Organizations subtask. |