TT1

Accounting Transactions

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TT1 – Accounting Transactions  The goal of configuration is to properly support business transactions 4/24/2020 2

TT1 – Accounting Transactions    TT1.1 and TT1.2 Create and verify a G/L entry to record an expense for office supplies TT1.3 Check default tolerance limit TT1.4 – TT1.8

 Create new vendor—Lansing Leasing  Post vendor invoice  Attempt to post invoice twice  Post outgoing payment  Review invoice 4/24/2020 3

TT1 – Accounting Transactions  TT1.9 – TT1.12

 Post rent expense to wrong cost center  Review Posting in CO  Repost line item to correct cost center  Verify reposting  TT1.13 and TT1.14

 Enter SQFT statistical key figure  Create Distribution Cycle for Rent Expense  TT1.15 Create Assessment Cycle for Utility Exp.

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