Allocation: Contract Types to Nominal Accounts

Determine for each associate, which contract types will be settled by which nominal account. Also enter how these bookings will be reflected in the external financial accounting software.

Identification

Information on the data record’s identification is entered in this section.

Property	Description
Contract type	Select the contract type to which a nominal account should be assigned.
Associate	Select the associate for which the assignment is valid.
Tax [%]	Enter the VAT rate (in %) to be used.
Nominal account	Select the nominal account to which the contract type should be assigned.
Financial accounting code	Enter the number of the nominal account in the external financial accounting software used to account monetary movements ascribed to the contract type.

Background check of G/L accounts and company

This function checks in the background that only the G/L accounts assigned to the selected that are assigned to the selected company are available.