To access and perform actions in the module:
Assign the permit Update Setup Menus
|
To access and perform actions in the module: Assign the permit Update Setup Menus |
The Income Accounts module allows you to create different accounts for managing the income in your system according to different parameters:
Income type
Supplier and/or service type
Transaction fee and transaction fee event
When a tax invoice is issued, the system will automatically search for
an appropriate income account according the information on the tax invoice,
and if there is a match, that account is credited.
The following matches are possible:
Income type, supplier and service type
Income type and supplier
Income type and service type
Income type and transaction fee event
Income type and transaction fee
Income type
If there is a conflict between the service type and the supplier, the income account of the supplier is credited (for example, if there is an income account for flights and an income account for British Airways, the tax invoice credit the British Airways account and not the flights account.
Each income account has a general ledger account number. This account number is used when exporting data to the general ledger.
The system also includes 7 hardcoded accounts for the different income types:
Comm. VAT Exempt
Comm incl. VAT
Commission plus VAT
Commission VAT Zero
Markup incl. VAT
Markup VAT Exempt
Markup VAT Zero
These accounts cannot be edited or deleted (with the exception of the general ledger account number, which can be changed).
Tax invoices issued for transaction fee events associated with a specific service (add service, cancel service, amend service, ticketing, reissue, refund application and refund approval) credit the income account created for that service type. If there is no income account for the service type, the tax invoice will credit the hardcoded income type account.
Income accounts can be edited, copied and deleted, unless they have a positive balance. Income accounts with a positive balance cannot be deleted.
If a payment requisition covers multiple vouchers with different service types, the tax invoice will go to the hardcoded income type account. If the payment requisition covers, vouchers with the same service type, the tax invoice will go to the income account defined for that service type (unless there is an income account for the supplier, in which case it will go to the supplier's income account).
Click here for a list of transaction
fee events.