Contract Cash Accounting Balance
This page displays a grid that shows a contract's cash accounting balance for each cash holding distribution code that's been booked to. Use Accounting and Receivables, Contract Cash Accounting Balance to open this page.
Description of Page
The following columns are displayed in the grid:
Cash Accounting Distrib Code This is a general ledger distribution code used as the holding account for cash accounting. Each holding account that's been used by this contract will appear here.
Payable Distribution Code This is the general ledger distribution code to which the payable is (or will be) transferred when the cash event occurs.
Payoff Balance This column shows the contract's balance for each cash holding account. If this amount is non-zero, it indicates that for this contract we are still holding some payables back until payment is received by the customer, at which time some or all of this amount will be transferred to the payable distribution code.