Difference between revisions of "Transaction Categories"

Latest revision as of 12:20, 12 August 2024

General Information

Default Menu Location Maintain >> General Ledger >> Transaction Categories

URL GLTransactionCategory.htm

Function Transaction Categories are used to determine where revenue and costs are coded in the General Ledger according the Customer and Item Transaction Categories.

Transaction Category Codes

Values in the Customer Category field drop-down are maintained in the Rule Maintenance screen by selecting Customer Transaction Codes from the drop-down menu.

Values in the Item Category field drop-down are maintained in the Rule Maintenance screen by selecting Item Transaction Codes from the drop-down menu.

Transaction Category Setup

To set up a new transaction category:

1. Confirm the necessary Customer and Item Transaction Codes have been created in the Customer Transaction Codes and Item Transaction Codes rules on the Rule Maintenance screen.

2. On the Transaction Categories screen, select the Customer and Item categories from the drop-down menus.

3. Select the "Edit TransCat" button in the Actions menu on the left side of the screen.

4. Enter the GL account numbers in the Revenue and Cost of Goods Sold fields. The account number structure must match your GL Mask.

5. If desired, the frozen digits fields can be filled to prevent overrides that would be made by a GL Group.

@@ Line 1: / Line 1: @@
 ===General Information===
-'''Default Menu Location''':  Maintain >> System >> Rule Maintenance >> Customer Transaction Codes
+'''Default Menu Location'''  Maintain >> General Ledger >> Transaction Categories
-'''Function:''' Customer Transaction Codes are used to drive revenue to specific accounts in the general ledger.
+'''URL''' GLTransactionCategory.htm
-===Customer Transaction Codes===
+'''Function''' Transaction Categories are used to determine where revenue and costs are coded in the General Ledger according the Customer and Item Transaction Categories.
-Customer Transaction Categories are maintained in the '''''Rule Maintenance''''' screen by selecting Customer Transaction Codes from the drop-down menu.
+[[File: Transaction_Categories.png]]
+[[Category:General Ledger]]
-When Adjutant processes an order, the first 'question' is who are we selling to (this is determined by the Customer Category)?
+==Transaction Category Codes==
+Values in the '''Customer Category''' field drop-down are maintained in the Rule Maintenance screen by selecting Customer Transaction Codes from the drop-down menu.
-''In order to generate an invoice, there must be at least one Customer Category setup (DEF).''
+Values in the '''Item Category''' field drop-down are maintained in the Rule Maintenance screen by selecting Item Transaction Codes from the drop-down menu.
+==Transaction Category Setup==
+To set up a new transaction category:
-'''Code:''' The code used for the name.
+'''1.''' Confirm the necessary Customer and Item Transaction Codes have been created in the Customer Transaction Codes and Item Transaction Codes rules on the Rule Maintenance screen.
-'''Description:'''  The name of the Customer Transaction Category.
+'''2.''' On the Transaction Categories screen, select the Customer and Item categories from the drop-down menus.
+'''3.''' Select the "Edit TransCat" button in the Actions menu on the left side of the screen.
+'''4.''' Enter the GL account numbers in the Revenue and Cost of Goods Sold fields. The account number structure must match your GL Mask.
+'''5.''' If desired, the frozen digits fields can be filled to prevent overrides that would be made by a GL Group.