Revenue Margin Accounts (4871 and 4872)

The billing AAI numbers 4871 and 4872 for the revenue margin accounts are optional. You use these billing AAIs to create accounting entries for the revenue margin amount. The system calculates the revenue margin amount by subtracting the cost amount from the revenue amount of the workfile transaction.

AAI 4871 defines the revenue margin account to credit when you generate G/L journal entries, and AAI 4872 defines the revenue margin account to debit when you generate G/L journal entries.

The system debits and credits these accounts when you generate the G/L entries. These billing AAIs are optional, but if you set up billing AAI 4871, you must also set up the balancing billing AAI 4872.