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AutoInvoice Clearing Account	AutoInvoice uses the AutoInvoice Clearing account for your imported transactions. Receivables uses the AutoInvoice clearing account to store any differences between the specified revenue amount and the price times the quantity for imported invoice lines. Receivables only uses the AutoInvoice clearing account if you enabled the Create Clearing option for the batch source of your imported invoices; however, you must define a clearing account in either case. You can select constant, salesperson, transaction type, and standard item values for your AutoInvoice clearing account. If you select salesperson or standard item, the Revenue Flexfield that you specified in the setup window is used.
Freight	The freight account controls the account in your general ledger to which you post your freight amounts. You can use constant, salesperson, transaction type, and standard item values to specify your freight account. If you choose standard item, the Revenue Flexfield that you specified in the setup window is used. In addition, if you choose standard item you will not be able to import invoices with header level freight through AutoInvoice. If the transaction has a line type of "LINE" with an inventory item of freight, "FRT", AutoAccounting will use the accounting rules for the freight type account rather than the revenue type account.
Receivable	The receivable account controls the account in your general ledger to which you post your receivable amounts. You can use transaction types, salespeople, and constant values to specify your receivable account.
Revenue	The revenue account controls the account in your general ledger to which you post your revenue amounts. You can use transaction types, standard items, salespeople, and constant values to specify your revenue account.
Tax	The tax account controls the account in your general ledger to which you post your tax amounts. You can use information from your tax codes, salesperson, transaction type, standard item, and constant values to specify your tax account. If you select salesperson or standard item, Receivables uses the Revenue Flexfield that you specified in the setup window.
Unbilled Receivable	Receivables uses the unbilled receivable account for transactions that have invoicing and accounting rules. If your accounting rule recognizes revenue before your invoicing rule bills it, Receivables posts this amount to your unbilled receivable account. You can select constant, salesperson, transaction type, and standard item values for your unbilled receivable account. If you select standard item, Receivables uses the Revenue Flexfield that you specified in the setup window. If you select salesperson, Receivables uses the salesperson's Receivable Flexfield.
Unearned Revenue	Receivables uses the unearned revenue account for transactions that have invoicing and accounting rules. If your accounting rule recognizes revenue after your invoicing rule bills it, Receivables posts this amount to your unearned revenue account. You can select constant, salesperson, transaction type, and standard item values for your unearned revenue account. If you select salesperson or standard item, the Revenue Flexfield that you specified in the setup window is used.

Below is a chart showing what types of information you can use to create each type of account. (Rev) and (Rec) indicates if the account information will be taken from the corresponding Receivables or Revenue Accounting Flexfield.

Information Source / AutoAccounting Type	Constant	Sales- person	Trans- action Type	Standard Item	Tax Code
AutoInvoice Clearing Account		(Rev)		(Rev)
Freight				(Rev)
Receivable
Revenue
Tax		(Rev)		(Rev)
Unbilled Receivable		(Rec)		(Rev)
Unbilled Revenue		(Rev)		(Rev)
Table 1 - 34. (Table 1 of 1)

If you set up AutoAccounting for AutoInvoice Clearing, Tax, or Unearned Revenue to be based on salesperson, Receivables uses the account segment from the Salesperson's Revenue Flexfield. If AutoAccounting for Unbilled Receivable is based on salesperson, Receivables uses the segment from the salesperson's Receivable Flexfield. If AutoAccounting for AutoInvoice Clearing, Tax, Unbilled Receivable, or Unearned Revenue is based on the standard item, Receivables uses the segment from the standard item's Revenue Accounting Flexfield.

Note: If AutoInvoice Clearing, Revenue, Tax, Unbilled Receivable, or Unearned Revenue are based on Salesperson, and there are multiple salespersons, then multiple distributions will be created. For example, you have $100 of Unearned Revenue based on Salesreps, and you have two salesreps. One salesrep gets 60% revenue credit and the other gets 40%. Then, two distributions will be created for Unearned Revenue - one for $60 and the other for $40.

See Also

AutoAccounting