Add of Edit Distribution Codes
- Make sure General Ledger's
chart of accounts includes the accounts you want to use in bank entries.
To add or edit a distribution code:
- Open Bank Services >
Bank Setup > Distribution Codes.
- Enter a unique code to
identify the type of transaction, using up to six alphanumeric characters,
or, if you want to edit or delete an existing distribution code, use the
navigation buttons or the Finder to select it.
- Enter a description for
the code, using up to 60 characters, or edit the description, as needed.
- In the G/L Account field,
use the Finder to select the account to debit or credit when you post
bank transactions that use this distribution code.
- On the grid at the bottom
of the form, using a separate line for each tax authority payable for
this type of transaction:
- In the Tax Authority
field, type the code for the tax authority, or use the Finder to select
- In the Tax Class field,
change the tax class, if necessary.
- Double-click the Tax
Included field to change the entry from No to Yes, as permitted by the
tax authority. (The program displays a message if the tax authority does
not allow included taxes.)
- Click Add or Save, and
then click Close.
- Print a list of distribution codes.
- After adding distribution
codes, you can:
- Select a default distribution
code for Bank Services on the Processing tab of the Bank Options form.
- Add distribution sets
that consist of groups of distribution codes and/or general ledger accounts.