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On this tab the following fields can be viewed:

 

hmtoggle_plus1Account Codes

The provision and suspense accounts will populate with balance sheet account codes. If an account code has been used as a provisioning or suspense account code on another provision

type it may not be used on the current provisioning type.

 

The other account code will be populated with income statement account codes.

 

All three are mandatory.

hmtoggle_plus1Add

The ADD button enables if a unique provision type is entered and if you have a security profile to which the function Provision Type has been linked with add rights.  Click the add-button to insert a new record to the Provision Type table.

hmtoggle_plus1Calculation Method

Three options are available:  

A:  Base amount per unit.  The provision will be calculated as a base amount multiplied by the shipped quantity.

C:  Percentage of COS.  The provision will be calculated as a percentage of cost of sales.

S:  Percentage of Revenue.  The provision will be calculated as a percentage of expected revenue.

hmtoggle_plus1Change

The CHANGE button enables if an existing provision type is entered and if you have a security profile to which the function Provision Type has been linked with change rights. Click the

change button to change the record in the Provision Type  table.

hmtoggle_plus1Debit Cos

This specifies which account must be debited when the invoice changes to a status of print approved.  If this radio button is selected it will then debit cost of sales.

hmtoggle_plus1Debit Other

This specifies which account must be debited when the invoice changes to a status of print approved.  If this radio button is selected it will then debit the specified other account.

hmtoggle_plus1Delete

The DELETE button enables if an existing provision type is entered and if you have a security profile to which the function Provision Type has been linked with delete rights. Click the delete button to delete the record from the Provision Type table. If the provision type has been linked to any orders via the Order Line Provision Rules function, it can not be deleted.

hmtoggle_plus1Description

This is a 70 character descriptive name of the provision type and a mandatory field.

hmtoggle_plus1Provision Type

This is 10 character unique identifier of a type of provision. (I.e. commission) It is populated from the Provision Type table.