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Setup Questions for Partnership Accounting Tab Global Policies

Questions in this section are intended to help you make decisions about your setup. The questions follow the pattern detailed in the field list that is associated with the task. A field list follows the questions should you need additional information to answer a question.

Instructions

1. Print this topic. Right-click this topic to display a pop-up menu, and then select Print.
2. Confirm that you have read the setup details on the topic.
3. Answer each of the questions on this page.
4. Circle your answer, and then use a highlight marker to select an If statement that matches your response. The If statement tells you what you should do on the tab in the system.
5. Send a copy of your completed questionnaire to AMSI Support.
6. Use your answers to set up the system.

Questions for Partnership Accounting Global Policies

Use Simple Partnerships

Do I want to use the Simple Partnerships feature? A Simple Partnership forces 100% investments, with only one Owner Contribution transaction allowed.

Circle one: Yes or No .

On the screen:

—If yes, click the check box to add a check mark.

—If no, uncheck the box (default).

Allow distribution expense override

Do I want to allow distribution expense override in the system?

Circle one: Yes or No.

On the screen:

—If yes, click the check box to add a check mark.

—If no, uncheck the box if necessary.

Default is noted with an asterisk.

See Also

Accounts Effect of Global Policies