If you chose the option to record cost of sales entries based upon property location class and/or will be entering run tickets to be recorded in the previous month’s cycle, you will need to identify the location classes here.
Once set up, it is linked to Property Maintenance on the Other tab.
Location Class Code |
Assign alphanumeric unique code |
|---|---|
Location Class Name |
Assign name (i.e. First Purchaser) |
Comments |
As needed |
Cost of Sales Account |
Account where the cost of sales will be recorded |
Cost of Sales Sub-Account |
Sub-Account to be used for this location class |
Inventory Acct |
Account where the inventory amount is to be recorded for run tickets that are to be included in the previous month’s cycle |
Inventory Sub-Account |
Sub-Account to be used with this location class. |