Accounting

Accounts Payable

Function

When Enabled

When Disabled

AP Accruals

An Accounts Payable Accrual batch will be created for received goods when running Day End Processing to post Receiving GL Inventory.

An AP Accrual batch will not be created.

Post Non tracked Receipt items

Non tracked items, including subcontract service items, are included in the AP Acrual batch when Receiving GL Inventory is posted via Day End Processing.

This preference is only available when the AP Accruals preference is enabled.

Non tracked and subcontract service items are excluded from the AP Accrual batch.

AP PST Post Method

There are three options available,

1)	Post to the same account as the item

2)	Post to the Variance Account of the Item

3)	Post to the Revenue Account specified on the Authority

Post PPV with Standard Cost Variance

The standard cost and purchase price variances are combined and posted to the price variance account specified in the item's category setup.

The standard cost and purchase price variances will not be combined and posted to the category price variance account.

Accounts Receivable

Function	When Enabled	When Disabled
Non Tracked Sell Items	Sell items with their inventory tracking set to No Tracking will not be included in Cost Of Goods Sold postings.	Non tracked sell items will be included in Cost Of Goods Sold postings.
Apply Credit to Customer only	When posting credit notes created against invoices, the credit will be applied to the customer assigned to the credit note, not to the invoice the credit was generated from.	The credit will be posted against the invoice the credit note was generated from.
Exclude COGs from AR batch	The cost of goods sold will be excluded from the AR batch.	The cost of goods sold will be included from the AR batch.
Post Cost of Goods Sold Consolidated	The cost of goods sold posting is consolidated by GL account.	The cost of goods sold posting will be posted by transaction detail.

General

Function	When Enabled	When Disabled
Post GL Batch in Detail	GL batches will be posted in detail by transaction and item number.	GL batches will be consolidated by GL account.

Cost Posting Method

Function	Description
Post Standard Cost Only	The standard cost of inventory will be posted for AR and AP batches.
Post Actual Cost with Variance to Standard	The actual cost of inventory will be posted for AR and AP batches. If there is a variance between the actual cost and the standard cost of the inventory item, the variance amount will be posted to the PPV account specified for the item's category.
Post Actual Cost with No Variance to Standard	Only the actual cost of inventory will be posted for AR and AP batches. No variances between the actual cost and the standard cost will be posted.
Post Exchange Rate from Inv (This preference is only available if AccPac 5.3 or later is selected as the accounting system on the Additional Information tab in Company Setup.)	When Enabled: The currency exchange rate stored against the invoice will be used for AR and AP transactions. When Disabled: The currency exchange rate currently setup in AccPac will be used for AR and AP transactions.