Default accounts
The default accounts are mappings of common accounting transactions. ADempiere (and ERP) is quite different from Accounting systems because in ERP, the documents you enter into the system have rules and these rules generate the majority of the accounting transactions. The default accounts are a mapping between the rules that create accounting entries and the chart of accounts. Most of the accounting in Adempiere is "automatic" in the background, based on documents such as invoices, payments etc, the default accounts specify what accounts are to be used by Adempiere.
This document describes the default accounts from an accounting perspective
ID: | B_ASSET_ACCT |
Name: | Checking Account |
Usage: |
ID: | B_EXPENSE_ACCT |
Name: | Bank Service Charges |
Usage: |
ID: | B_INTERESTEXP_ACCT |
Name: | Interest Expense |
Usage: |
ID: | B_INTERESTREV_ACCT |
Name: | Interest Income |
Usage: |
ID: | B_INTRANSIT_ACCT |
Name: | Checking In-Transfer |
Usage: |
ID: | B_PAYMENTSELECT_ACCT |
Name: | Payment selection |
Usage: |
Payables When a payment is created this account is debited and the B_INTRANSIT_ACCT is credited. When the payment is allocated agains a payable this account is credited and the V_LIABILITY_ACCT is debited. Receivables When a payment is receieved this account is credited and the B_INTRANSIT_ACCT is debited. When a payment (AR) is allocated against a receivable this account is debited and the C_RECEIVABLE_ACCT is credited. |
B_REVALUATIONGAIN_ACCT=Bank revaluation gain
B_REVALUATIONLOSS_ACCT=Bank revaluation loss
B_SETTLEMENTGAIN_ACCT=Bank settlement gain
B_SETTLEMENTLOSS_ACCT=Bank settlement loss
B_UNALLOCATEDCASH_ACCT=Checking Unallocated Receipts
B_UNIDENTIFIED_ACCT=Checking Unidentified Receipts
CB_ASSET_ACCT=Petty Cash
CB_CASHTRANSFER_ACCT=Petty Cash In-Transfer
CB_DIFFERENCES_ACCT=Petty Cash Over/Short
CB_EXPENSE_ACCT=Cash book expense
CB_RECEIPT_ACCT=Cash book receipts
CH_EXPENSE_ACCT=Charge expense
CH_REVENUE_ACCT=Charge revenue
COMMITMENTOFFSET_ACCT=PO Commitment
COMMITMENTOFFSETSALES_ACCT=SO Commitment
CURRENCYBALANCING_ACCT=Currency balancing
C_PREPAYMENT_ACCT=Customer Prepayments
C_RECEIVABLE_ACCT=Accounts Receivable - Trade
C_RECEIVABLE_SERVICES_ACCT=Accounts Receivable Services - Trade
DEFAULT_ACCT=Default account
E_EXPENSE_ACCT=Employee expense
E_PREPAYMENT_ACCT=Employee Expense Prepayment
INCOMESUMMARY_ACCT=Income Summary
INTERCOMPANYDUEFROM_ACCT=Intercompany Due From
INTERCOMPANYDUETO_ACCT=Intercompany Due To
NOTINVOICEDRECEIPTS_ACCT=Not invoiced receipts
NOTINVOICEDRECEIVABLES_ACCT=Not invoiced receivables
NOTINVOICEDREVENUE_ACCT=Not invoiced revenue
PAYDISCOUNT_EXP_ACCT=Payment discount expense
PAYDISCOUNT_REV_ACCT=Payment discount revenue
PJ_ASSET_ACCT=Project asset
PJ_WIP_ACCT=Project WIP
PPVOFFSET_ACCT=Purchase price variance Offset
P_ASSET_ACCT=Product asset
P_COGS_ACCT=Product CoGs
P_COSTADJUSTMENT_ACCT=Product Cost Adjustment
P_EXPENSE_ACCT=Product Expense
ID: | P_INVENTORYCLEARING_ACCT |
Name: | Product Inventory Clearing |
Usage: |
A more proper name for this account would be "Products being shipped". This is an asset account and is used to credit the inventory account before the goods are invoiced. |
P_INVOICEPRICEVARIANCE_ACCT=Invoice price variance
P_PURCHASEPRICEVARIANCE_ACCT=Purchase price variance
P_REVENUE_ACCT=Trade Revenue
P_TRADEDISCOUNTGRANT_ACCT=Trade Discounts
P_TRADEDISCOUNTREC_ACCT=Trade discounts received
REALIZEDGAIN_ACCT=Realized gain
REALIZEDLOSS_ACCT=Realized loss
RETAINEDEARNING_ACCT=Retained Earnings
SUSPENSEBALANCING_ACCT=Suspense balancing
SUSPENSEERROR_ACCT=Suspense error
T_CREDIT_ACCT=Tax credit A/R
T_DUE_ACCT=Tax due
T_EXPENSE_ACCT=Tax expense
T_LIABILITY_ACCT=Tax liability
T_RECEIVABLES_ACCT=Tax receivables
UNEARNEDREVENUE_ACCT=Unearned revenue
UNREALIZEDGAIN_ACCT=Unrealized gain
UNREALIZEDLOSS_ACCT=Unrealized loss
V_LIABILITY_ACCT=Accounts Payable Trade
V_LIABILITY_SERVICES_ACCT=Accounts Payable Services
V_PREPAYMENT_ACCT=Vendor prepayment
WITHHOLDING_ACCT=Withholding (Tax)
WRITEOFF_ACCT=Bad Debts Write-off
W_DIFFERENCES_ACCT=Inventory Shrinkage
W_INVACTUALADJUST_ACCT=Inventory Adjustment
W_INVENTORY_ACCT=General Trade Inventory
W_REVALUATION_ACCT=Inventory Revaluation