Cash Based System Setup

Use the following table for an overview of the type of setup required for a normal Cash-based accounting system:

Transaction	Debit	Credit
Billings	No Interface	No Interface
Credit Adjustments	No Interface	No Interface
Miscellaneous Income	Bank Book Cash Account (Operating Cash)	Income Code Credit Account (Income or Expense Offset)
All Resident Payments (Prior, Current, and Prepaid)	Bank Book Cash Account (Operating Cash)	Income Code Credit Account (Income or Expense Offset)
Returned Checks	Income Code Credit Account (Income or Expense Offset)	Bank Book Cash Account (Operating Cash)
Security Deposits	Bank Book Cash Account (Security Deposit Cash)	Income Code Security Liability (Security Deposit Liability—Long Term)
SDI—Adjustments	Income Code SDI Interest Expense (Interest Expense)	Income Code SDI Liability Account (Interest Liability—Long Term)
SDI Refunds	Income Code SDI Liability Account (Interest Liability—Long Term)	Income Code Refund (Interest Liability—Approved Refunds—Short Term)
SDI Forfeits	No Interface	No Interface
Security Forfeits	Income Code Security Liability (Security Deposit Liability—Long Term)	Income Code Credit Account (Income or Expense Offset)
Security Refunds	Income Code Security Liability (Security Deposit Liability—Long Term)	Income Code Credit Account (Income or Expense Offset)
Rent Refunds	Income Code Credit Account (Income or Expense Offset)	Income Code Refund (Refunds Payable)
Write-Off	No Interface	No Interface
Vacancy	No Interface	No Interface
Prepaid Payments	No Interface	No Interface
Loss to Lease	No Interface	No Interface
Rentable Items/Loss Lease	No Interface	No Interface