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Recording Development Activity in Finance
Recording Development Activity in Finance
Recording Development Activity in Finance
There are two primary ways to record Development activity in Finance:
1. Recording Development Activity in Finance through Journal Entries
2. Recording Development Activity in Finance through Misc Receipts
The chosen selection is recorded on the database level and affects all the processes of integrating Development and Finance.
Prior to posting to General Ledger, verify that each Development Fund is properly mapped to revenue account in General Ledger. This will allows the system to determine which accounts need to be credited or debited. Navigate to Finance>Maintenance>Development Funds to record this mapping.
PCR Educator School Information System is an online database engineered for schools and universities to deliver the highest level of flexibility, unique experience, transparent communication and customized design.
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