Rate Component - GL Distribution

Open Main Menu, Rates, Rate Component and navigate to the GL Distribution tab to define each rate component's effect on the general ledger. GL distribution information is required for all rate components except for FCPO and summary rate components.

Description of Page

Rate Component contains a concatenation of basic information about the rate component. This information only appears after the rate component has been added to the database. The adjacent up and down arrows cause the rate component immediately before or after this rate component to be displayed.

If the rate component's charges should be booked to a single GL account regardless of the contract's contract type's Revenue Class, enter a Distribution Code. If the rate component's charges are booked to a different GL account depending on the contract's Revenue Class, turn on Use Revenue Class and insert the appropriate Revenue Class and Distribution Code for each that uses the rate.