Setting Up Accounting Rules

Accounting rules define how accounting journal entries are created for a specific type of agency transaction.

An accounting rule contains the debit and credit distributions lines that are generated including the accounting segment values that are used and the percentage of the accounting transaction amount that is distributed to each line. Only one rule may be applied to a given accounting transaction unless you specify an accounting rule group.

You add, modify, and delete accounting rules on the Accounting Rule page.

Adding Accounting Rules

1. Select Accounting Setup > Accounting Rule.

2. On the Accounting Rule page, click Add.

3. On the Accounting Rule page, enter values for the following fields:

   Page Element	Description
   Accounting Event	Enter the accounting event to associate with this accounting rule. The event identifies the agency transaction to which the rule applies. It also determines the fields that are available when you define the criteria that are used to select the accounting transactions that the rule processes. If you select the Payments accounting event, the Classification field appears.
   Accounting Rule	Enter a unique ID for the accounting rule.
   Accounting Rule Group	Optionally, enter the group that the accounting rule belongs to. When this rule is applied to an accounting transaction, any other rules referencing this group will also be applied. When multiple accounting rules are assigned to the same group, transactions meeting the selection criteria are processed by each rule in the group.
   Description	Enter a description of the accounting rule.
   Start Date and End Date	Enter the date range during which the accounting rule can be used.
   Show All Dates	Click to access the History Data page where you can update existing effective dated rows, and add new ones.
   Ledger	Select the ledger to which this rule applies.
   Classification	Select Fee Revenue, Payment, or Overpayment options. This represents the type of journal entry the rule will produce. This field appears only if you have selected the Payments accounting event. The default value for the field is Fee Revenue.
   Validate	Click to validate the entered data and ensure that the rule is valid for processing.

4. Add distribution lines and criteria.

   Note:

   You must have values defined for all required accounting rule fields before you can add distribution lines and criteria.

5. Click Save.

Adding Criteria

You define field criteria to determine the accounting transactions to which this rule applies. The fields that are available to select as criteria are determined by the accounting event that is associated with the rule.

1. On the Accounting Rule Details page, access the Criteria tab and click Add.

2. On the Criteria page, enter values for the following fields to create a criterion:

   Page Element	Description
   Field Name	Select the field on which you are basing this criterion.
   Logical Operator	Specify whether the field must be equal or not equal to a specific value.
   Field Value	Enter the field value on which the criterion is based.

   For example, if you create a criterion with the TRANSACTION_TYPE field being equal to BUILDING, this accounting rule will apply only to building transactions.

3. Click Save.

Modifying Accounting Rules

1. Select Accounting Setup > Accounting Rule.

2. Click a row on the Accounting Rule page.

3. On the Accounting Rule Details page you can:

   • Update the accounting rule field values.

     Note:

     You can't update the Accounting Event or End Date fields.

   • Delete the accounting rule. You will be prompted to confirm the permanent deletion.

   • Add, modify, or delete distribution lines and criteria.

4. Click Save.

Modifying Criteria

1. Select Accounting Setup > Accounting Rule.

2. Click a row on the Accounting Rule page.

3. Click a row in the Criteria tab on the Accounting Rule page.

4. On the Criteria page you can:

   • Update the logical operator and field value.

   • Delete the criterion. You will be prompted to confirm the permanent deletion.

5. Click Save.

Deleting Criteria

1. Select Accounting Setup > Accounting Rule.

2. Click a row on the Accounting Rule page.

3. Click Edit for the Criteria tab on the Accounting Rule page.

4. Select the checkboxes next to all of the criteria that you want to delete.

5. Click Delete. You will be prompted to confirm the permanent deletion.