This menu can be used to find whether a transaction was posted to the G/L.
What is A-F-1 (Helpful Accounting Tools - Was that amount posted)?
100
This is the process of recording, classifying, and summarizing financial data.
What is Accounting?
100
Posts to an expense are usually, but not always, this type of entry.
What is a debit?
100
Running this report and having it result in data is reason for an automatic ABUR.
What is a blank date balance sheet?
100
In the most recent Credit Reporting workshop, we learned that this is often the name for the top row of a text file.
What is a header?
200
Using this menu will automatically generate a G/L closing date in Frazer.
What is A-5 (Transfer Data to QuickBooks)?
200
Using this to ask an accounting question or to forward a call to someone in Accounting could result in an Angry Jenni. (And you really don’t want to see Karen angry either…)
What is Private messaging?
200
A dealer who receives this from a vendor might post a credit to their related expense account.
What is a refund?
200
During the first starting accounting call, this process should be done to ensure data stability going forward.
What is an SQL conversion?
200
This account is debited/increased when taking electronic payments on a BHPH customer in Frazer.
What is 1010 - Undeposited Funds (Cash in House)?
300
This menu provides access to several reports that CPAs tend to ask for, making it quite popular at tax time.
What is R-4-4 or A-W (Year End Reports)?
300
You can set up this type of task without posting in HipChat if your dealer is getting the "Your bank balance may be incorrect" warning.
What is an ABUR?
300
Repair work done to a vehicle could post to a Cost of Sales account OR an Expense, depending on this event.
What is the sale date?
300
This is the proper task type, status, and assignee for a general accounting callback.
What is Accounting Request, callback dealer, and no assignee?
400
This report shows how much money has been received by the dealership over a period of time and is often used as a tool to reconcile bank deposits.
What is R-3-5-1 (Transaction Listings - Payments Received)?
400
A customer making a payment will cause one of these to post to 1140 - Accounts Receivable.
What is a Credit?
400
This can be used to pay for office supplies with a credit card (or to make a deposit to an account other than 1000 - Cash in Bank).
What is A-1 (Post to General Ledger)?
400
When getting the warning "Your bank balance may be incorrect", it is important that the dealer stops doing this until they hear back from us with a fix.
What is reconciling bank recs in Frazer?
500
This report is run at the end of an accounting period, listing the ending balance in each account and is primarily used to ensure that the total of all debits equals the total of all credits.
What is R-4-8 (Trial Balances)?
500
The IRS says if you have inventory for resale, you must file taxes on this basis.
What is Accrual?
500
Of the financial statements available from the R-4-1 menu, expenses only appear on this one.
What is the Income Statement?
500
When seeing an error for possible data corruption on one of these three accounts, the dealer should allow us to restore a previous BU and convert to SQL.
What are GLTran, GLData, and Sparbuch?
500
These two types of vehicles will result in a blank vehicle G/L, at least at first.