Auto Accounting is a mechnism for generating defualt accounting flexfields for revenue , receivables, frieght and tax based on the other parameters associated with the invoice you are entering.. since auto accounting looks at the following tables to get the data so please set/define the following depending upon your requirement.
1.Salesrep.
2.Transaction Types.
3.Standard Lines.
4.Taxes.
5.Customer bill-to-site
Thanks
K V Srinivasan
Above answer was rated as good by the following members: umarfq79, aishu2000
RE: What is AUTO Accounting what are the steps for set...
Auto Accounting is a mechnism for generating defualt accounting flexfields for revenue receivables frieght and tax based on the other parameters associated with the invoice you are entering.. since auto accounting looks at the following tables to get the data so please set/define the following depending upon your requirement.
RE: What is AUTO Accounting what are the steps for set...
hi
Auto accounting is a default G L accouting codes which r setup in the auto accouting form where in at the time of processing an invoice the system will automatically will save the information which was updated in the auto accounting form
RE: What is AUTO Accounting what are the steps for set...
Hi Receivables uses the Auto Accounting rules to determine the GL Accounts that you Enter manually or import using Auto invoice. Receivables creates the Default accounts for the Receivable revenue Freight Tax Unerned revenue Finance charges Unbilled receivables Bills receivables and Auto invoice Clearing Accoutns.You need to define these accoutns before you start entering the transactions in AR. However you can overide these accounts during the Transaction Entry in AR.Setup Autoaccounting:AR>Setup>Transactions>AutoAccountingSelect the Type of the accoutn you wish to define the auto accoutning.In the Segments Block:Choose the segment for which you wish to assign the Auto accounting.Choose the Table Name : Sales Rep Trxn Type Site Std Lines.If you wish to use a Default Constant value then enter the value in the Constant Field.Thanks Ajit A R
RE: What is AUTO Accounting what are the steps for setting up auto accounting
Auto Accounting rule is used to default accounts like receivables Revenue Freight Tax based on certain tables like transaction type sales person tax standard lines.
Auto accounting rules will override accounts defined in transaction type if different.
2 
0