Setting Up Miscellaneous Codes

Miscellaneous codes are used to represent a particular type of expense that is charged to a SRO.

Specify this information on the Miscellaneous Codes form:

1. Specify this information in the Header area:

   Misc Code

   Specify a unique alphanumeric code to represent a particular type of expense that is charged to a SRO.

   Project Cost Code

   Select a project cost code. These codes are used to group project costs into labor, material, or other classes. The codes define which general ledger accounts are debited with specific project expenses. Use the codes to define whether overhead and G & A expenses and revenue should be calculated as a percentage of the costs.

   Description

   Specify an explanation of what the miscellaneous code represents. This description is used by default when selecting a miscellaneous code on a form that also has a Description field.

   Default Price

   Specify the default price for the code. This price is used when entering miscellaneous transactions against a SRO.

2. Specify this information on the General tab:

   Miscellaneous

   Select the general ledger accounts to associate with the particular SRO miscellaneous expense.

   Sales Discount

   Select the general ledger accounts for any sales discount associated with the miscellaneous code.

   Revenue

   Select the general ledger accounts for posting of revenue.

3. On the Warranty tab, select the general ledger accounts to use for posting expenses to a SRO for a unit that is under warranty.
4. On the CGS tab, select the general ledger accounts to use for posting cost of goods sold expenses for SRO transactions.
5. Specify this information on the Tax tab:

   Tax Code

   Select the tax code that represents how the sales tax is calculated. Selections are set up and maintained through the Tax Codes form.

6. Save the record.

Related Topics

Using SROs to Track Service Requests, Transactions, and Billing