Create an Accounting Method
In this procedure, you create an accounting method.
Create an Accounting Method
Navigate to the Manage Journal Entry Rule Set page.
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From the Setup and Maintenance work area, click the Implementation Projects button.
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Search for the FAH Implementation project.
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Expand the task list: Define Accounting Configuration for Rapid Implementation.
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Expand the task list: Define Accounting Rules for Rapid Implementation.
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Select the task: Manage Accounting Methods.
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Click Go to Task.
Create an accounting method.
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Click Create icon.
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Enter Name.
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Enter Short Name.
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Select Chart of Accounts.
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In the Journal Entry Rule Set Assignments region:
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Click Create icon.
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Enter Event Class.
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Enter Event Type.
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Enter Rule Set.
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Click Save.
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Activate the rule set assignment.
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In the Assignments region click Activate.
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Click Save and Close.
Assign the Accounting Method to the Ledger
You must assign this accounting method to the ledger you use for accounting and posting journal entries.
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From the Setup and Maintenance work area, click the Implementation Projects button.
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Search for the FAH Implementation project.
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Expand the task list: Define Ledgers.
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Select the task: Specify Ledger Options.
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Click Go to Task.
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On the Specify Ledger Options page, Subledger Accounting region, select the new Accounting Method.
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Click Save and Close.