You May Not Use a Control Account

Unable to Enter receipt with certain GL accounts.

Can not use Control Account when creating charge code.

• Payment Entry

• Misc Cash Receipts

• Accounts Receivable

• Setup

• General Ledger

Users may attempt to enter a misc cash receipt using a control account. Munis will not let users use a control account for charge codes/misc. receipts because it creates automatic offsetting entries in that account when the regular revenue accounts are impacted.

Users must choose a non-control account when entering charge codes or misc cash receipts. Users establish control accounts in the General Ledger Account Master program.

Once established, Munis uses the control accounts throughout the year when entries occur in other programs to record revenues, expenditures, and various payables throughout the system. The control accounts play an integral role in the year-end closing process as well.

Control accounts allow users to enter information specific to their transactions without having to enter the corresponding debit or credit to the balance sheet. For example, when a user enters an Accounts Payable invoice, the user allocates the invoice to a fund expense account. When the invoice is posted to the general ledger, Munis credits the Accounts Payable control account on the balance sheet for that fund and debits the expenditure account allocated to the invoice