Profit Center Accounting Overview

In Firm Options, the option may be chosen to Distribute to G/L Profit Centers based on Office Codes.  This setting is applicable to Income and Adjustment Accounts only. If selected,

  • Profit Centers must be defined in Profit Center maintenance
  • G/L Accounts Numbers in Chart of Accounts maintenance will include Profit Center ID's
  • Profit Center Codes will be assigned to Offices (otherwise this option will remain disabled)
  • Office Codes will be assigned to Client/Matters (otherwise this option will remain disabled)