GCS Software LLC Deduction Master

A/R→Master File Maintenance→Deduction Master

The AR SALES/DEDUCTION REASON CODES MASTER stores retrievable Deduction information for use throughout the Accounts Receivable program. Each reason code in the master file is linked to both an abbreviated and long description pertaining to the deduction, and the default GL account number.

Optional prepay selections are available for each line as well as a default sales reporting type designation for the deduction. Stored deduction codes are immediately available within all related accounts receivable programs and/or sales order prepay options, when applicable, upon saving.

Corp: Input a valid corporation code.

Code: A unique id for the deduction reason up to 8 characters.

Reason: Input a reason up to 15 characters.

Description: Optionally to input a description for the deduction reason up to 60 characters. GL Act No: Optional to assign an override GL account for the deduction reason.

Allow as Prepay: If checked it allows the deduction code to be used on the prepay screen to create a credit memo.

Prepay Limit: The limit sets the amount they’re allowed to credit on the sales order.

Sales Reporting Type: Drop down setting to assign the sales reporting type. This is where the deduction will be reported via the sales report.

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