Pre-Need: Redemption Rules
This describes the rule updates required for the REDEEM PRE-NEED functions, to accommodate the new Cost-of-Goods options for non-ROI items.
GL Journals
This applies to GL Journals triggered manually by the user, using the REDEEM function on the Sales & Booking/Pre-Need tab header.
This applies to GL Journals and record updates triggered by the Advanced Revenue Recognition functions:
- On Payment in Full
- On Payment Percentage
ERP Integration: Sage 300
GL JOURNAL entry
insert 2 new lines within the GL journal created for the revenue entries:
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Description
|
GL Account Code
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Amount
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per revenue line
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GL COGS Account
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Debit = Cost Amount
|
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per revenue line
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GL Deffered Cost Account
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Credit = Cost Amount * -1
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Reverse Pre-Need Redemption
The new Cost Amount and associated GL fields should follow the same pattern of record updates as per Revenue entries.
i.e. creating reversing GL journals by inserting 2 line items:
|
Description
|
GL Account Code
|
Amount
|
|
per revenue line
|
GL COGS Account
|
Debit = Cost Amount * -1
|
|
per revenue line
|
GL Deffered Cost Account
|
Credit = Cost Amount
|
