Munsoft Matters: IMPORTANT - Cash Flow Transacting on 6.5 Chart
Munsoft Matters | 29 Jun 2021 - 08:45
One of our key focus points for transacting on the 6.5 chart is to assist our clients in bringing Cash Flow Transacting in line with Cash Flow Budgeting.
Munsoft has enhanced the system to ensure accurate posting to the Withdrawal and Deposit Items on the Liability Item level.
Important: All Income Quick Codes and other Segment strings need to be reviewed and the correct Function and Funding Item need to be selected. (Non-funding Items will result in incorrect transacting and postings)
To assist with the Quick Code corrections, after the Quick code Migration has been performed, go to:
General Ledger > mSCOA Menu > Utilities > Inact Tariff Guid Setup. Select the correct Function and Funding Item per Tariff Code.
Detailed steps are available in the updated Year-End Procedures manual, find attached.