NOTE: Times are estimated and could vary up or down based on complexity.
AR Setup Steps | Description | Help Manual | Tutorial Video | Templates / Docs | Customer Est. Time | Consulting Est. Time |
---|---|---|---|---|---|---|
1) Create The Account Structure and Account Groups |
| 10-30 Min | As needed | |||
2) Segment - Primary (Import) | The Primary account is the account number and name used to identify each account. These accounts are created through the segment Primary Segment. | How To Add Segment Accounts | Chart of Accounts Template | 1 Hour for Import 2-8 Hours for Account Definition | As needed | |
3) Segment - Profit Center | Profit centers allow a way to divide primary accounts into various reporting groups. Common profit center classifications may include: location, business line, business segment, product, etc. | Segment Help | Segment Tutorial | 10-45 Min | As needed | |
4) Build Accounts | Build accounts is the process used to combine the primary segment and the profit center segment. The two segments are combined to create the chart of accounts. | Build Accounts Help | Build Accounts Tutorial | 1-2 Hours | As needed | |
5) Create Fiscal Year | Fiscal Year defines your year of operations from a financial perspective | Create Fiscal Year and Periods
| 10-30 Min | As needed | ||
6) Import Beginning Balances or Create Manual Entries | Import GL from CSV Tutorial | Import GL from CSV Template | 4 Hours | Optional 2-8 hours per year of historic data |
Overview
Content Tools