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Setting Up the Inflation Adjustment Accounting Model

Use an accounting model to adjust your accounts for inflation. An accounting model lets you select individual accounts as well as account ranges, group those accounts into sets, and give a name to that set.

For example, if you had 20 accounts numbered 1-20 and you want to adjust accounts 5-14, you could group those accounts with the accounting model.

You can now work on accounts 5-14 with the new name you gave this group in the accounting model rather than working with each account individually.

Once an accounting model is defined for a particular group of accounts, you can reuse that accounting model whenever you want to work on that group of accounts.

Tip: You can group all similar accounts into an accounting model. For example, you can group all of your assets accounts in one accounting model and all of your liability accounts in a different accounting model.

To set up an inflation adjustment accounting model:

1. Navigate to the Inflation Adjustment Accounting Models window (Argentine General Ledger: Currency > Inflation Adjustment > Model).

2. Enter the accounting model name in the Name field.

3. Enter the accounting model description in the Description field.

4. Enter the low range value from the list of values for each preconfigured parameter in the Accounting-STD window.

5. Enter the value for the high range for each pre-configured parameter in the Accounting-STD window.


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