Defining stale dating and escheatment accounts
Complete these steps to define stale dating and escheatment accounts:
- Access Company Cash Code Relationships (CB00.3)
- Click Stale Date Accounts to access Stale Dating Accounts (CB07.1).
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Use these guidelines to specify the field values:
- Process Level
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Specify or select the AP Process Level for the stale dating and escheatment accounts.
- Stale Date Accounting Unit
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This is the accounting unit to which the stale date amounts are posted. This field is required.
- Stale Date Account
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Specify or select the account to which the stale date amounts are posted. This field is required.
- Stale Date Sub Account
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This is the sub account to which the stale date amounts are posted.
- Escheatment Accounting Unit
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This is the accounting unit to which the escheatment amounts are posted. This field is required.
- Escheatment Account
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Specify or select the account to which the escheatment amounts are posted. This field is required.
- Escheatment Sub Account
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This is the sub account to which the escheatment amounts are posted.
- Select Add to add your stale date or escheatment account.