Recording Development Activity in Finance
Posted August 16, 2018
There are two primary ways to record Development activity in Finance:
1. Recording Development Activity in Finance through Journal Entries
2. Recording Development Activity in Finance through Misc Receipts
The chosen selection is recorded on the database level and affects all the processes of integrating Development and Finance.
Prior to posting to General Ledger, verify that each Development Fund is properly mapped to revenue account in General Ledger. This will allows the system to determine which accounts need to be credited or debited. Navigate to Finance>Maintenance>Development Funds to record this mapping.
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