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Accounting in WESPaC. *Slideshow Contains Animation. Quality degrades when viewing a static copy. AP, Payroll, & AR. Sean Schaeffer. Accounting in WESPaC. Have you ever wanted to see AP, AR, or Payroll transactions explained with traditional general ledger entries and T-accounts?

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accounting in wespac

Accounting in WESPaC

*Slideshow Contains Animation. Quality degrades when viewing a static copy.

AP, Payroll, & AR

Sean Schaeffer

accounting in wespac1
Accounting in WESPaC
  • Have you ever wanted to see AP, AR, or Payroll transactions explained with traditional general ledger entries and T-accounts?
  • Have you ever wanted to understand which fields or settings impact the accounting for these transactions?
accounting in wespac agenda
Accounting in WESPaCAgenda
  • Perpetually Closing System
  • AP Factors and Scenarios
  • Payroll Factors and Scenarios
  • AR Factors and Scenarios
accounting in wespac perpetually closing system
Accounting in WESPaCPerpetually Closing System
  • Revenue and Expenditures are closed to Equity/Fund Balance account codes with each Accounting Update
  • System identifies the Equity account code to post to by the applicable fiscal year’s link/relationship with the Revenue or Expenditure account code
    • Posting Date determines the applicable fiscal year
    • Viewable in Account Profile for Current Year
    • Viewable for all years on Budgetary Data Mining reports
accounting in wespac perpetually closing system1
Accounting in WESPaCPerpetually Closing System

Link used during Accounting Update

general equity summary posting
General – Equity Summary Posting

Report shows Equity Summary Relationship

accounting in wespac accounts payable
Accounting in WESPaCAccounts Payable
  • Several factors influence the accounting in AP
    • Invoice Distribution Line
      • Account Code
      • Amount & Signage
    • Status
    • Check Type
    • Accrual (Account)
    • Bank Cash Account
    • Posting Dates
    • *Comp Tax option
accounting in wespac accounts payable1
Accounting in WESPaCAccounts Payable
  • Invoice Account Distribution Line
    • Account Codes for first portion of accounting entries
      • Also identifies Equity account code for closing
    • Amount & Signage
      • Total amount, which includes sales tax or other charges
      • Signage (such as positive or negative amount) contributes to determination of debiting or crediting the Distribution Lines’ account codes.
accounting in wespac accounts payable2
Accounting in WESPaCAccounts Payable

Invoice Account Distribution

accounting in wespac accounts payable3
Accounting in WESPaCAccounts Payable
  • Status
    • Along with the distribution’s amount signage, contributes to determination of debiting or crediting distribution account codes.
    • Two relevant Statuses: Batch and Reversal (V)
      • For a Regular-Check Type invoice with positive Distribution amounts, a status, Batch, debits its Distribution account codes and credits the Accrual account code.
      • Reversal Status applies the opposite logic to reverse or wash-out the accounting of preceding Open-Status invoice.
        • For a Regular-Check Type invoice with positive Distribution amounts, a Reversal will credit its Distribution account codes and debit the Accrual account code.
accounting in wespac accounts payable4
Accounting in WESPaCAccounts Payable
  • Check Type
    • Along with the Amount signage and Status, determines the Distribution account code(s) will debited or credited
    • Determines if the accounting is accrued or if cash is recognized during Batch Update
      • Certain Check Types offset

to selected AP Accrual

account code

      • Other Check Types offset to

selected Cash account code

accounting in wespac accounts payable5
Accounting in WESPaCAccounts Payable
  • Accrual
    • Identifies the account code that invoice’s Distribution is accrued against.
      • Automatically offsets Distribution account codes during Invoice Accounting Updates (Batch Update)
      • Alleviated or reversed when Check Register is Updated
      • Only applicable for Check Types: Regular, Hold, Single, Pay, and ACH
    • Uses Summary Account mechanism:
      • “**” replaced with Distribution Account codes’ fund to determine actual account code
      • If Summary Account code doesn’t have an actual account in the COA, then it posts to default AP Accrual code’s account. Otherwise, the Update errors.
accounting in wespac accounts payable7
Accounting in WESPaCAccounts Payable
  • Bank Cash Acct:
    • Identifies the account code for impacting cash
      • Offsets Account Distribution during Batch Updates for Check Types, Manual, Void, and Wire Transfer
      • Offsets the Accrual Account code during Check Register Update for other Check Types
    • Uses Summary Account mechanism:
      • “**” replaced with Distribution Account codes’ fund to determine actual account code
accounting in wespac accounts payable10
Accounting in WESPaCAccounts Payable
  • Posting Dates
    • Determines timing of accounting
    • Impacts the Month and Fiscal Year that the invoice and payment post to
      • YTD reports
accounting in wespac accounts payable11
Accounting in WESPaCAccounts Payable
  • Posting Dates
      • Select during Accounting Update (Batch Update)
      • Select while creating Check Register
accounting in wespac accounts payable12
Accounting in WESPaCAccounts Payable
  • Several factors influence the accounting in AP
    • Invoice Distribution Line
      • Account Code
      • Amount & Signage
    • Status
    • Check Type
    • Accrual (Account)
    • Bank Cash Account
    • Posting Dates
    • *Comp Tax option
accounting in wespac accounts payable scenario 1
Accounting in WESPaCAccounts Payable – Scenario #1
  • Scenario #1 – Regular Issue
    • Account Distribution Account: 10 E 530
    • Account Distribution Amount: +$1,540.00
    • Status: Batch
    • Check Type: Regular
    • Accrual: ** L 601
    • Bank Cash Account Summary Acct: ** A 241
accounting in wespac accounts payable scenario 11
Accounting in WESPaCAccounts Payable – Scenario #1
  • Invoice Accounting Update (Batch Update)

Accrual

Equity Summary Acct

Account

accounting in wespac accounts payable scenario 12
Accounting in WESPaCAccounts Payable – Scenario #1
  • Invoice Accounting Update (Batch Update)

Accrual

Posting Date

Equity Summary Acct

Account

accounting in wespac accounts payable scenario 13
Accounting in WESPaCAccounts Payable – Scenario #1
  • Invoice Accounting Update (Batch Update)

** L 601 0000 00 0000 000 0000 0000

1,540

10 Q 890 0000 00 0000 430 0000 0000

10 E 530 0100 32 5000 430 0000 0000

accounting in wespac accounts payable scenario 14
Accounting in WESPaCAccounts Payable – Scenario #1
  • Invoice Accounting Update (Batch Update)

10

**

** L 601 0000 00 0000 000 0000 0000

01/31/2013

1,540

10 Q 890 0000 00 0000 430 0000 0000

10 E 530 0100 32 5000 430 0000 0000

accounting in wespac accounts payable scenario 15
Accounting in WESPaCAccounts Payable – Scenario #1
  • Invoice Accounting Update (Batch Update)

View Update History (Financial Management\Account Management\AM\Setup\AU\VU)

accounting in wespac accounts payable scenario 16
Accounting in WESPaCAccounts Payable – Scenario #1
  • Check Register Update

Accrual

Bank Cash Acct

accounting in wespac accounts payable scenario 17
Accounting in WESPaCAccounts Payable – Scenario #1
  • Check Register Update

Accrual

Bank Cash Acct

Posting Date

accounting in wespac accounts payable scenario 18
Accounting in WESPaCAccounts Payable – Scenario #1
  • Check Register Update

** L 601 0000 00 0000 000 0000 0000

** A 241 0000 00 0000 000 0000 0000

accounting in wespac accounts payable scenario 19
Accounting in WESPaCAccounts Payable – Scenario #1
  • Check Register Update

**

** L 601 0000 00 0000 000 0000 0000

10

**

10

** A 241 0000 00 0000 000 0000 0000

02/15/2013

accounting in wespac accounts payable scenario 110
Accounting in WESPaCAccounts Payable – Scenario #1
  • Check Register Update

View Update History (Financial Management\Account Management\AM\Setup\AU\VU)

accounting in wespac accounts payable scenario 111
Accounting in WESPaCAccounts Payable – Scenario #1

10 L 601 **

(Accrual Summary)

10 E 530 **

(Dist. Account)

10 A 241 **

(Bank Cash Acct)

10 Q 890 **

(Equity Sum Acct)

1,540 1

1,540 1

1,540 2

1,540 2

Post Regular Check Type Invoice (positive amount)

1,540 1

Post Check Register with Invoice from #1

accounting in wespac accounts payable scenario 2
Accounting in WESPaCAccounts Payable – Scenario #2
  • Scenario #2 – Payment from check book/imprest account Account Distribution
    • Account: 10 E 530
    • Account Distribution Amount: +$
    • Status: Batch
    • Check Type: Manual
    • Accrual: ** L 601
    • Bank Cash Account Summary Acct: ** A 200
accounting in wespac accounts payable scenario 22
Accounting in WESPaCAccounts Payable – Scenario #2

10 L 601 **

(Accrual Summary)

10 E 530 **

(Dist. Account)

10 Q 890 **

(Equity Sum Acct)

10 A 200 **

(Bank Cash Acct)

1,540 1

1,540 1

Post Manual Check Type Invoice (positive amount)

1,540 1

Run Invoice through Check Register

accounting in wespac accounts payable scenario 3
Accounting in WESPaCAccounts Payable – Scenario #3
  • Scenario #3: Voided Payment
    • Original invoice that needs to be voided or cancelled
      • Distribution Account: 20 E 530 0033 21 7000 500 0000 0000
      • Distribution Line Total: $5,500.00
      • Check Type: Regular
      • Accrual: ** L 601
      • Cash: ** A 241
accounting in wespac accounts payable scenario 31
Accounting in WESPaCAccounts Payable – Scenario #3
  • Post Original invoice.
  • Update Check Register for the Original Invoice.
  • Post Void Check Type Invoice to cancel Original invoice.
  • Update Check Register for Void Check Type Invoice.

20 A 241 **

(Bank Cash Acct)

20 L 601 **

(Accrual Summary)

20 E 530 **

(Dist. Account)

20 Q 865 **

(Equity Sum Acct)

5,500 2

5,500 1

5,500 1

5,500 2

5,500 3

5,500 3

5,500 1

5,500 3

accounting in wespac accounts payable scenario 4
Accounting in WESPaCAccounts Payable – Scenario #4
  • Scenario #4: Prepayment
    • Invoice to record items purchased for next year
      • Distribution Account: 10 E 530 0100 27 5000 430 0000 0000
      • Distribution Line Total: $4,400.00
      • Check Type: Regular
      • Accrual: ** A 430
      • Cash: ** A 241
      • Invoice Posting Date: 09/01/2013
      • Payment Posting Date: 07/15/2013
accounting in wespac accounts payable scenario 44
Accounting in WESPaCAccounts Payable – Scenario #4

10 A 241 **

(Bank Cash Acct)

10 A 430 **

(Accrual)

10 A 430 **

(Accrual)

10 E 530 **

(Dist. Account)

10 E 530 **

(Dist. Account)

10 A 241 **

(Bank Cash Acct)

10 Q 890 **

(Equity Sum. Acct)

10 Q 890 **

(Equity Sum. Acct)

2012-13

4,400 2

4,400 2

1. Posting an Invoice for prepaid items

2. Update the Check Register for the payment.

2013-14

4,400 1

4,400 1

4,400 1

accounting in wespac accounts payable scenario 5
Accounting in WESPaCAccounts Payable – Scenario #5
  • Scenario #5: Voiding a Prepayment (from Scenario #4)
    • Create a Void Check Type Invoice and post it to next year
    • Requires a Journal Entry to completely “wash out” the transaction
accounting in wespac accounts payable scenario 51
Accounting in WESPaCAccounts Payable – Scenario #5

10 Q 890 **

(Equity Sum. Acct)

10 A 241 **

(Bank Cash Acct)

10 A 430 **

(Accrual)

10 E 530 **

(Dist. Account)

10 A 241 **

(Bank Cash Acct)

10 E 530 **

(Dist. Account)

10 A 430 **

(Accrual)

10 Q 890 **

(Equity Sum. Acct)

2012-13

4,400 2

4,400 2

4,400 5

4,400 5

5. Post Journal Entry to 12-13 to completely void the payment.

Update Check Register with Void Check Type Invoice

3. Post a Void Check Type Invoice

4. Post Journal Entry to 13-14 to completely void the payment.

2013-14

4,400 3

4,400 1

4,400 1

4,400 1

4,400 4

4,400 4

4,400 3

4,400 3

accounting in wespac accounts payable scenario 6
Accounting in WESPaCAccounts Payable – Scenario #6
  • Scenario #6: Comp Tax
      • Distribution Account: 10 E 530 0100 27 5000 430 0000 0000
      • Distribution Line Amount: $100.00
      • Check Type: Regular
      • Accrual: ** L 601
      • Cash: ** A 241
      • Comp Tax Accrual: ** L 630
      • Comp Tax Rate: 10%
      • Invoice Posting Date: 02/25/2013
      • Payment Posting Date: 02/28/2013
accounting in wespac accounts payable scenario 63
Accounting in WESPaCAccounts Payable – Scenario #6

10 E 530 **

(Dist. Account)

10 L 630 **

(Comp Tax Accrual)

10 Q 890 **

(Equity Sum Acct)

10 A 241 **

(Bank Cash Acct)

10 L 601**

(Accrual)

  • Post invoice.
  • Update Check Register for the invoice.

100 2

100 1

10 1

110 1

100 2

110 1

accounting in wespac accounts payable scenario 64
Accounting in WESPaCAccounts Payable – Scenario #6
  • Comp Tax – Processing a Comp Tax Generated invoice and paying Comp Tax to DOR
      • Check Type: Wire Transfer
      • Accrual: ** L 601
      • Cash: ** A 240
      • Distribution Account: 10 L 630 0000 00 0000 000 0000 0000
      • Distribution Total: $10.00
      • Invoice Posting Date: 04/10/2013
      • Payment Posting Date: 04/10/2013
accounting in wespac accounts payable scenario 65
Accounting in WESPaCAccounts Payable – Scenario #6

10 A 240 **

(Bank Cash Acct for Comp Tax Inv)

10 A 241 **

(Bank Cash Acct for Original Inv)

10 E 530 **

(Dist. Account)

10 L 630 **

(Comp Tax Accrual)

10 Q 890 **

(Equity Sum Acct)

10 L 601**

(Accrual)

  • Post Comp Tax Generated invoice.
  • Update Check Register for the Comp Tax Generated invoice.

100 2

100 1

10 1

110 1

100 2

10 3

10 3

110 1

accounting in wespac payroll
Accounting in WESPaCPayroll
  • Payroll’s Update step posts activity to account codes
accounting in wespac payroll1
Accounting in WESPaCPayroll
  • Pay Record Account Distribution’s Account Code
    • Records the gross wage
    • Can change on Payroll Transaction record during a run

Pay Record

Transaction

Account Distribution

accounting in wespac payroll2
Accounting in WESPaCPayroll

Pay Record

Transaction

Account Distribution

accounting in wespac payroll3
Accounting in WESPaCPayroll
  • Benefit Accounting
    • Based on Pay Record/ Payroll Transaction Account Codes (such as salary account code)
    • And selected Benefit codes tied to Pay Record or Payroll Transaction for the selected Employee
accounting in wespac payroll4
Accounting in WESPaCPayroll
  • Benefit Accounting
    • Benefit Account Code identified by overlaying Payroll Transaction (Salary) account code’s object dimension with Benefit Code’s Object Debit and Benefit Overlay Mask
    • Identified during Calculate step
accounting in wespac payroll6
Accounting in WESPaCPayroll

4040

*1**

*2**

10 E 530 0100 23

4240

2000

2

430 000 0000

10 E 530 0100 23

2000

430 000 0000

10 E 0100 23 2000 430 0000 0000

4040

*1**

accounting in wespac payroll7
Accounting in WESPaCPayroll
  • Benefit Accounting
    • After identifying benefit account code, PaC either:
      • Selects the account code from the COA
      • Adds the account code to COA and then selects it
        • Currently, Account Code Clearance Groups must be manually updated
accounting in wespac payroll9
Accounting in WESPaCPayroll
  • Accrual accounting
    • Salary and Benefit Distributions are accrued to Payroll Accrual Summary Account
      • Set in SA\FM\FM\Payroll\General Options
      • Summary Account so Fund is derived from Distribution accounts
      • Posted Amount = Sum of Salary and Benefit Amounts
    • Reversed in same posting because warrants and direct deposit records are created in the Payroll run
accounting in wespac payroll12
Accounting in WESPaCPayroll
  • Accrual accounting
    • Deduction and Benefit amounts are accrued to the account codes assigned to Deduction and Benefit Codes
      • Accrual is alleviated when related AP invoices are posted (Batch Updated)
        • Payroll’s Update step creates AP invoices with Deduction Codes’ account codes assigned to the invoices’ Distributions
        • Payroll’s Update step uses the Payroll Account Payable Bank’s Summary Account (SA\FM\FM\Payroll\General Options) to assign a bank account to the Payroll-generated AP invoices
accounting in wespac payroll15
Accounting in WESPaCPayroll
  • Cash Accounting
    • When not producing a warrant to transfer funds to direct deposit settlement account, Payroll Cash Account Bank records the gross wage and an offsetting amount that totals the deductions.
      • Gross Wage – Sum of Deduction = Net Reduction to Cash
      • SA\FM\FM\Payroll\General Options
      • Summary Account Functionality
        • Fund derived from Distribution account codes
      • Can be changed when running the Payroll Calculate step
accounting in wespac payroll18
Accounting in WESPaCPayroll
  • Equity Summarization
    • Salary and Benefit (assuming they are expense or revenue account codes)account codes summarize their activity to their related Equity Account Codes.
accounting in wespac payroll20
Accounting in WESPaCPayroll
  • Posting Date
    • Set when running Payroll Calculate
    • Defaults as Check Date/Payroll Posting Date
    • Can be overridden
slide73

Accounting in WESPaCPayroll – Scenario #1

  • Scenario #1: No direct deposit invoice (e.g., CT electronically transfers payroll funds to settlement account)
    • Gross Salary: $4,166.67
    • Pay Record Account Distribution:

10 E 530 0100 27 2000 430 0000 0000

    • Total Benefits: $521.06
    • Account Codes related to selected Benefit Codes

10 E 530 0100 27 4220 430 0000 0000 (198.14)

10 E 530 0100 27 4230 430 0000 0000 (4.17)

10 E 530 0100 27 4240 430 0000 0000 (318.75)

accounting in wespac payroll scenario 1
Accounting in WESPaCPayroll – Scenario #1
  • Scenario #1
    • Total Deductions: $994.17
      • Deduction Account: 10 L 610 0000 00 0000 000 0000 0000
    • Payroll Accrual Summary Account Code:** L 605
    • Payroll Cash Account Bank: ** A 230 2310
    • Posting Date: 01/31/2013
accounting in wespac payroll scenario 13
Accounting in WESPaCPayroll – Scenario #1

During Payroll Update

Post Payroll Expenses & Related Accrual

Alleviate Payroll Accrual, Reduce Cash for Direct Deposit Issuance, & Accrue Payables (Ded/Ben)

After Payroll Update

Batch Update Payroll-generated AP Invoices (Wire- Check Type)

10 E 530 **

(Dist. Account)

10 A 240 **

(AP Bank Cash Acct)

10 A 230 2310 **

(Bank Cash Acct)

10 L 610 **

(Ded/Ben Accrual)

10 Q 890 **

(Equity Sum. Acct.)

10 L 605 **

(Payroll Accrual)

4,1672

4,6881

4,6881

4,6882

9942

5212

4,1671

15153

9942

1981

15153

41

3191

accounting in wespac payroll scenario 2
Accounting in WESPaCPayroll – Scenario #2
  • Scenario #2: Direct Deposit Invoice Created (e.g., CT requires warrant to transfers payroll funds to settlement account)
    • Same example/parameters as Scenario #1
    • Additional Accounting when Warrant is required
      • AP Invoice is created to produce a payment that is deposited in the payroll settlement bank account to fund the direct deposits issued
slide79

Accounting in WESPaCPayroll – Scenario #2

  • Requires the following System Admin Options:
    • Selecting a Direct Deposit Accrual Summary Acct (SA\FM\FM\Payroll\Direct Deposit)
    • Selecting the Create Direct Deposit Invoices option (SA\FM\FM\Payroll\Direct Deposit)
accounting in wespac payroll scenario 21
Accounting in WESPaCPayroll – Scenario #2
  • Requires the following System Admin Options:
    • Selecting a Generate Invoice for Direct Deposit Amounts (SA\FM\FM\Payroll\ACH)
accounting in wespac payroll scenario 23
Accounting in WESPaCPayroll – Scenario #2

10 E 530 **

(Dist. Account)

10 A 230 2310 **

(Bank Cash Acct)

10 L 610 **

(Ded/Ben Accrual)

10 Q 890 **

(Equity Sum. Acct.)

10 L 605 **

(Payroll Accrual)

10 L 605 6510 **

(Dir Dep Accrual)

During Payroll Update

Post Payroll Expenses & Related Accrual.

Alleviate Payroll Accrual, Reduce Cash for Direct Deposit Issuance, & Accrue Payables (Ded/Ben).

Accrue Direct Deposit Invoice and reclaim cash for reduction with Invoice.

4,1672

4,6881

5212

4,6882

9942

9942

31733

4,6881

4,1671

31733

1981

41

3191

accounting in wespac payroll scenario 24
Accounting in WESPaCPayroll – Scenario #2

10 A 240**

(AP Bank Cash Acct)

10 A 230 2310 **

(Bank Cash Acct)

10 L 610 **

(Ded/Ben Accrual)

10 L 605 6510 **

(Dir Dep Accrual)

10 L 605 **

(Payroll Accrual)

10 L 601 **

(AP Accrual)

After Payroll Update

Batch Update Payroll-generated AP invoices (Wire Check Type) to pay Ded/Ben vendors.

Batch Update AP Invoice (Regular Check Type) for Direct Deposit Settlement.

4,1672

4,6881

5212

4,6882

9942

9942

15154

31733

31733

15154

31735

31735

slide84

Accounting in WESPaCAccounts Receivable

  • Factors Influencing Accounting
    • Distribution Line
      • Determines Account Codes for explicit posting
      • Amount Signage contributes to determining debit or credit
    • Accrual – Determines AR Accrual account and offset to distribution
    • Status – Contributes to determining debit or credit
    • Bank Cash Account – Identifies the Cash account code to record payment posting
slide85

Accounting in WESPaCAccounts Receivable

  • Factors Influencing Accounting
    • Deferred Revenue check box
      • Determines if posting to the distribution account codes is deferred until payment is posted
      • Substitute the designated Deferred Revenue Accrual account during Batch Updating
  • Posting Dates – Invoice and Payment
    • Determine timing of accounting
accounting in wespac accounts receivable scenario 1
Accounting in WESPaCAccounts Receivable – Scenario #1
  • Scenario #1:Deferred Revenue
      • Accrual: ** A 340
      • Deferred Revenue is selected
      • Deferred Revenue Accrual: ** L 750
      • Bank Cash Account: ** A 230
      • Invoice Detail Line Total: 10 R 960 0000 27 2710 000 0000 0000
      • Distribution Total: $200.00
accounting in wespac accounts receivable scenario 11
Accounting in WESPaCAccounts Receivable – Scenario #1

10 R 960**

(Detail Line)

10 L 750 **

(Deferred Revenue)

10 Q 890 **

(Equity Sum Acct)

10 A 340**

(Accrual)

  • Post AR Invoice, deferring revenue.
  • Update Payment.

10 A 230 **

(Bank Cash Acct)

200 2

200 1

200 1

200 2

200 2

200 2

200 2

accounting in wespac accounts receivable scenario 2
Accounting in WESPaCAccounts Receivable – Scenario #2
  • Scenario #2: Unapplied Payments
    • Payment is made in advance of $250.00
accounting in wespac accounts receivable scenario 21
Accounting in WESPaCAccounts Receivable – Scenario #2
  • Identify Unapplied Accrual Account and Bank Cash Account in System Admin options
accounting in wespac accounts receivable scenario 22
Accounting in WESPaCAccounts Receivable – Scenario #2

10 L 740 **

(Unapp Accrual Acct)

  • Post Unapplied Cash deposit.

10 A 230 **

(Bank Cash Acct)

2501

250 1

accounting in wespac accounts receivable scenario 23
Accounting in WESPaCAccounts Receivable – Scenario #2
  • Applying Unapplied Payment to an Invoice
    • Invoice
      • Accrual: ** A 340
      • Deferred Revenue Accrual: N/A
      • Bank Cash Account: ** A 230
      • Invoice Detail Line Total: 40 R 960 1001 00 0000 100 0000 0000
      • Distribution Total: $250.00
accounting in wespac accounts receivable scenario 24
Accounting in WESPaCAccounts Receivable – Scenario #2

40 Q 819 **

(Accrual Acct)

40 A 340**

(Accrual Acct)

10 L 740 **

(Unapp Accrual Acct)

  • Post Unapplied payment.
  • Post Invoice.
  • Apply payment to invoice and Update.

10 A 230 **

(Bank Cash Acct)

40 A 230 **

(Bank Cash Acct)

40 R 960 **

(Detail Line Acct)

2501

250 1

2503

2503

2502

2502

2503

250 2

2503

questions
Questions?
  • What are your questions?
slide95

Thank You!

Sean Schaeffer, WSIPC

sschaeffer@wsipc.org

Washington School Information Processing Cooperative