Account Mappings Revcorp
- Thomas Sherman (Deactivated)
Account mappings are established in several areas of Projector. This page gives you a quick look into where the settings are. Please visit the individual section pages for more detail or read the Accounting Integration How-To. This page also includes default mappings for revcorps only. If you need default mappings for blank or production instances, see Account Mappings.
Company
See the Company Editor for more information. The company editor has two tabs. One tab shows This Company's G/L Accounts. The second shows Other Companies' G/L Accounts. These mappings are used for intercompany transactions. For instance, if an employee based in the UK travels to France to work on an engagement owned by the French company, an intercompany transaction needs to occur in order to reimburse that employee for his travel expenses. In this situation, the accounts payable transaction occurs in the UK company in Pounds and an offsetting expense transaction needs to happen in the French company in Euros. To make the transactions balance out, intercompany accounts are used.
This Company
Revcorp Defaults
Screenshot is from editing the US company.Â
Account | Cost Center | G/L Account |
|---|---|---|
Due to Other Company | XXX-CA Company Not Mapped | Due to RevCorp US |
Due From Other Company | XXX-CA Company Not Mapped | Due from RevCorp US |
Cost Center
See the Cost Center Editor for more information. Time and expenses are routed through either the project's cost center or the resource's cost center.
Revcorp Defaults
GL Accounts | Cost Center | GL |
|---|---|---|
Revenue | RevCorp US | - |
Direct Expense | RevCorp US | - |
Operating Expense | RevCorp US | - |
Work in Progress | RevCorp US | - |
Accounts Receivable (click edit for additional options) | RevCorp US | Click Edit for more options |
Deferred Revenue | RevCorp US | 2400 |
Accounts Payable | RevCorp US | 1100 |
Cash Advance | RevCorp US | 1400 |
AP Clearing | RevCorp US | 1105 |
VAT Receivable | RevCorp US | XXX-VAT Receivable |
Soft Cost Credit | RevCorp US | - |
Vendor Reconciliation | Â | - |
AR Accounts | Cost Center | GL |
|---|---|---|
Deferred Revenue | RevCorp US | Prepayment |
VAT Payable | RevCorp US | - |
FX Variance | RevCorp US | Gain or Loss on FX |
Engagement Type
See the Engagement Type Editor for more information.
Revcorp Defaults
Each engagement type defaults to different accounts. FP, NTE, T&M respectively.
Account | Time Default | Cost Default |
|---|---|---|
Revenue G/L Account | 4010, 4020, or 4030 | - |
Billing Adjustments G/L Account | 4010, 4020, or 4030 | - |
Revenue Recognition Adj. G/L Account | 4010, 4020, or 4030 | - |
Work In Progress G/L Account | 1200 | 1210 |
Work In Progress A/R Item/Account | Consulting | Reimbursable Expense |
Expense Type
See the Expense Type Editor for more detailed information.
Revcorp Defaults
Each expense type has its own mappings. The accounts below map to various Projector expense types.
Account | G/L Account |
|---|---|
Direct Cost | 5010, 5020 |
Operating Expense | 5010, 6010, 6020, 6030, 6040, 6050, 6060 |
Revenue | 4200 |
Revenue Recognition | XXX-RevRec |
Soft Cost Credit | XXX-SoftCost |
Vendors
See the Vendor Editor for more detailed information.
Revcorp Defaults
Account | Vendor Reconciliation G/L Account |
|---|---|
American Express Card Services | Â |
Tax Type
See the Tax Type Editor for more information.
Revcorp Defaults
Account | A/R Item/Account |
|---|---|
Connecticut Sales Tax | Sales Tax |
All Other Default Taxes | XXX-VATPayable |
New | Tax Payable |