Source of Earnings (tfgld0138m000)
Use this session to define the interim ledger accounts you use to balance the Profit and Loss accounts when you close the year.
If you select Source of Earnings in the Balancing Method field of the Finance Company Parameters (tfgld0503m000) session, LN uses these accounts.
Field Information
- Source of Earnings
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The source of earnings represented by the ledger accounts.
- Statutory Ledger Account
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The interim account used to balance the statutory Profit and Loss accounts to which you link the source of earnings.
The dual accounting indicator of the ledger account must be Statutory.
- Complementary Ledger Account
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The interim account used to balance the complementary Profit and Loss accounts to which you link the source of earnings.
The dual accounting indicator of the ledger account must be Complementary.