RDA Systems Inc

What This Process Does

• Creates an G/L account code that is available for use throughout OpenRDA.
• Creates an Account Year Master for the Fiscal Year selected for the account code, which is required for the account code to be used.

Requirements

• Chart of Accounts – In order for an account code to be created using the Chart of Accounts, the Chart of Accounts must be maintained with the proper dimensions that will be used.

Creating Balance Sheet Account Codes w/ Chart of Accounts

1. Modules → Finance → Financial Management → Setup → Account Masters Setup → Add COA-Based Accounts → G/L
2. Populate each dimension of the account code by selecting the load/magnifying glass to create the balance sheet account code.
3. For the Description, Click Default Dimension Description, as needed, to build the Account Code description based on the description(s) for specific dimensions, or, type in a description.
4. Enter the Fiscal Year, and remaining fields as desired.
5. When all fields are populated, click the Save button.
6. Check the session list (white section at the top of the screen) to check that the account code was created. Continue adding account codes as needed.
7. Once all account codes are created, click the Cancel button.
8. Follow the screen shot and table below for additional clarification. NOTE: Your organization's account code structure may be different from the dimensions listed below.