Effect of Income Codes on Transfer to G/L

The way income codes are set up effect the Transfer to G/L. Income codes and their types are established in Income Code setup. The income code type determines the calculation used to create the actual batch entry when data is transferred to the general ledger. The general ledger accounts for the following determine whether to post the account balance as a debit or credit entry:

Debit
Credit
Prepaid
Refund
Write-Off
SDI Liability
SDI Expense

A transfer method must be established in Income Code setup. This method controls the level of detail included in the data transfer and the method to use for creating the batch entries. Options include:

Summary by Trans Type — Summarizes by Income Code and Transaction Type (such as Recurring Charge, One Time Charge, regular Payment, NSF payment, Lost Rent, etc).
Overall Summary — Summarizes by Transaction Type, regardless of Income Code. All billing Transaction Types (Recurring Charges, One Time Charges, Adjustments ) are grouped together.
Summary by Day — Summarizes by Date of Record, Income Code and Transaction Type.
Summary by Batch — Summarizes by Bank Book and Batch Number.
Batch w/o code — Summarizes by Bank Book, Batch number, Transaction Type.
Batch w/code — Summarized by Bank Book, Batch number, Transaction Type and Income Code.
Detail — No summary occurs; each transaction creates separate entries.

Note that