Accounting Information for Plans & Subscription Charges

Ordway allows users to override the default Accounting Information configured for Products at the charge level. Plans and Subscription charges initially inherit the Accounting Information from the Product selected. However, this information can be modified as needed.

Accounting Information at the Product level can also be modified.

Edit Plan Revenue Information

Steps:

1. Navigate to Menu > Plans & Charges.

2. Edit or Add a desired Plan. 

3. Add or edit Plan information as needed. 

4. Add new or edit an existing Charge.

5. Click the Accounting Information tab to modify accounting information.

6. Deselect Use Default from Product to modify the configuration and update the GL Accounts to be used when generating Journal Entries.

7. The Transaction Type and GL Accounts can also be edited. Displayed events are inherited from the Product. 

Note: Same transaction types are limited to three total. 

Transactions are displayed in the following order to ensure journal entries of the same transaction type are grouped together: 

• • • • • Orders / Contracts
        • Invoice Posting
        • Revenue Schedule

8. Click +Add Transaction Row to add an additional event. 

Note: A maximum of nine events are permitted. 

9.  Click the trash can icon as needed to delete an event. 

10. Save when finished.