Determining Default Accounts

Determining Default Accounts

Default accounts are determined as follows in General Ledger.

Gift

• Non-Gift Revenue Default.

• If it’s non-gift then it uses the Fund Class/GL Override natural account.
• The asset account defaults in from the gift asset principal or income.

• Gift Type Asset and Revenue Defaults.

• If the Gift Type has non-blank values then it uses instead of the gift principal, income or Non-Gift defaults.

• The order of gift account defaulting is.

• If non-gift use that default.
• If pledge then use from pledge.
• If inter-fund use inter-fund defaults.
• If Stock Gift use Stock gift defaults.
• If gift type defaults use gift type defaults.
• Gift principal or income default.

AP

• AP Fund Level Natural Accounts to the Fund Class/GL Override.

• There is a system option that adds to the Fund Class/GL Override screens. [AP] Fund_Level_AP. Yes or No. Default is No.
• The same system option enables a Fund ID if admin voucher.
• When adding a new line item it defaults in the Operating Fund from System Initial Setup like normal.
• But the Fund ID field is enabled with the tab order right after Description and before Expense Account.