AXANTA ERP - HELP DOCS
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1.1.2. Analytical Accounts

 
Analytic accounting is also known as the cost/profit center. It is used to group various accounts to calculate the difference between cost and revenue and know whether we can expect income or expense. The analytic account can be used to assess the profitability of projects, track and control regular expenses, and so on.
 
Create an Analytical account.
 
Go to Axanta ERP → Finance → Analytical Accounts.
 
Below screenshot with details of Analytical Accounts form.
 
1.1.2. Analytical Accounts
1
Analytical account name
1. Analytical account name
Name of the Analytical account.
2
Reference
2. Reference
Reference for the analytical account i.e. code or any sequence you prefer.
3
Type of Analytical Account
3. Type of Analytical Account
Type of analytical account. Its a selection field as below:
1. Analytic Account
2. Analytic View - this selection ensures that the analytical account to be used for hierarchical purpose and can't be used in transaction.
3. Contract
4. Project
 
The type is mainly used for reporting purpose.
4
Parent Analytical Account
4. Parent Analytical Account
Parent analytical account for hierarchical purpose.
5
Customer
5. Customer
Customer if to be linked to an analytical account. Incase if an analytical account is created for a project, then a customer can be linked for reporting purpose.
6
Toggle: Active
6. Toggle: Active
Toggle button to activate or obselete an analytical account.
7
Toggle: Cost/Revenue
7. Toggle: Cost/Revenue
Toggle button to display a quick view of the cost or revenue associated to the analytical account.
 

Video demonstration to show how to create a new Analytical Account in Axanta ERP.

 
In this video we'll learn about creating a new Analytical Account.
 
 

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