Charges and credits

Charges and credits

These are the best entries to use if you want to affect the Sales Analysis. Charges & Credits Entries are similar to Journal Entries used to move funds between various accounts. Charges and Credits types are set up in Code Maintenance – please refer to Codes Maintenance. Agency Service Fees will post to this area also posting amounts directly to the correct General Ledger Accounts.

Click on Accounting | Data Entry | Charges & Credits | Charges & Credits Entry

Depending on the type of Charges and Credit selected the Debit and/or Credit Account Codes will default. (refer to Code maintenance for the set up of Charge and Credits)

• Click on Add
• Select the document type and a description of this entry will be displayed below
• Enter the Account Code if required
• Enter the Type of Sale and Principal
• Enter the Charge/Credit Value.
• Comment is optional
• Click on Save. Click Close to exit.