Answer: For Finance Module, you need to do the accounting mapping setting first before using it. First, you can map the Expenses Categories to Overhead Account. You can follow the steps as follow below: 



1.    Firstly, go to Finance Module > Configurations > Expense Categories > View List.


 

2.    You will arrive to the following page:



3.    Click “Edit” to modify the Expense Category’s information.

4.    You will arrive to the following page:

 


Description : 


A

In here, the system will list all the chart of accounts (Header and Detail) under Overhead. 

 

If you choose Header account, each time you create a new product, it will automatically create a Chart of Account under the selected Chart of Account, and automap the expenses under the Expense Category to that newly created Chart of Account. 

 

If you choose Detail account, each time you create a new expense, it will automap the expense to that Chart of Account. It will NOT create new Chart of Account.

B

In here, the system will list all the chart of accounts (Detail only) under Overhead. 

This will be used each time a user chooses Custom Expense in the Finance Module items.

C

Click here if you would like to automap existing Expenses under this Expense Category based on the settings you have selected in A and B. Only unmapped Expenses will be mapped.

 

I want this to be fully automapped

  • However, you also have option to select “I want this to be fully automapped” if you have selected “Fully Automate” option in your Automated Accounting settings.
  • If you choose this, the system will automatically create a Header account under Overhead account, and the Expense Category will automatically mapped to this newly created Header account.
  • The system will automatically create detail account when you create new expenses with this expense category.