Accounts linked to Financial Activities

Owned by Sangamesh Nadagoudar
Last updated: Jun 18, 2019 by Massabe Lydiane

Accounts linked to Financial Activities are mapped accounts which are needed to do system generating accounting transaction. 

Below are the accounts which are needed to be mapped respectively

  • Asset transfer - Should be an Asset - Account type. 
  • Liability transfer - Should be a Liability - Account type. 
  • Main cash account or cash at vault - Should be an Asset - Account type. 
  • Cash at Tellers/cashier - Should be an Asset - Account type, used for "Teller cashier management" feature. 
  • Opening Balances transfer contra - Should be an Equity - Account type, used for "Migrate opening balances" feature. 
  • Fund source - Should be an Asset - Account type. 

On this page:

Beginning at the main screen, click on Accounting. This will launch the Accounting menu.

Select Accounts linked to Financial Activities

 

Defining new mapping

Click on "+Define New mapping" 


Select and edit the mapping as mentioned in the example below:- 

    Financial activity: Opening Balances Transfer Contra 

    Account: Opening Balances Contra Account(Equity account type) 

    Then click on Submit. 

Key Error Messages

Note: For the example above: Opening Balances Transfer Contra, you should have created an Equity Account Type from chart of account feature.

For example: Opening Balances contra account with account type as equity.