1. Go to Finance→Accounts→Offset Accounts

2. On the View Offset Account toolbar select “New”.

1. The Offset Accounts Details page will open, displaying two columns: originating level and destination level.

1. Originating level is for the property issuing the product. 
2. Destination level is for the property receiving the product. 

1. Fill in all the required fields. Any field in bold is required and non-bold text is optional.

1. Property: Select the property codes for Originating and Destination levels. Entity and department are not required.
2. Transaction: Select a transaction type from the drop down. This is generally set to stock requests.
3. Debit Account: This is the inter-company (receivable) account from the originating property’s chart of accounts for the destination to property.
4. Credit Account: This is the inter-company (payable) account from the destination property’s chart of accounts for the destination property.

2. Click “New”. 

Please Note: For each set of properties there will need to be two offset account entries that mirror one another.

Example:

• First Offset Account – Property 01 is the Originating Level and Property 200 is the Destination Level
• Second Offset Account – Property 200 is the Originating Level and Property 01 is the Destination Level

1. Go to Finance→Accounts→Offset Accounts.

2. From the View Offset Account window, check the offset account that needs to be amended, click “update”. 

3. Make the necessary changes and click “update”.

REMINDER: The mirrored account also must be updated. 

1. Go to Finance→Accounts→Offset Accounts

2. From the View Offset Account window, check the offset account that needs to be deleted, click “delete”.

3. A pop-up screen will appear, asking you to confirm that you want to delete the record of this offset account. To proceed, click "Yes."

REMINDER: The mirrored account also must be deleted.