Account Code Determination in ESRP

Account Code Determination is used to integrate “Suite” with chart of accounts in “Financials”. When integrated, all transactions performed in “Suite”, automatically will be redirected to “Financials” to generate organization’s P&L and Balance Sheet.

Go to “Administration”, Click on “Account Code Determination”

account code determination, chart of accounts, esrp

 

In open window, there are three tabs of sales, purchase and services.

sale, purchase, services tabs, esrp

 

Click on mirror icon before each head and you will be redirected to chart of accounts in Financials, you can search account by code or description.

sale tab, esrp

 

Select appropriate account for each head.

sale tab accounts, esrp

 

Now move to “Purchase” Tab.

purchase tab, esrp

 

Click on mirror icon before each head and select appropriate accounts.

purchase tab accounts, esrp

 

Now move to “Services” Tab.

services tab, esrp

 

Click on mirror icon before each head to select appropriate accounts for service sale and service purchase.

services tab accounts, esrp

 

Click on “Yes” to save the information. A notification window of successful operation will appear. Click “OK” and you are just done.

save accounts, esrp

Note: In sales tab, first four accounts that are tax related are liability accounts while 5, 6 & 7 are expense accounts.

In purchase & services tabs, first four accounts that are tax related are liability accounts while 5 & 6 are expense accounts.

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