Set Account Code Combinations
Create account code combinations for your organization. Account code combinations are specific groupings of segments from your chart of accounts - such as fund, department, program, or account - that define where a transaction is recorded in your accounting system. MIP validates all transaction and distribution code entries against the account code combinations you've set up, preventing the use of invalid combinations.
The account codes that are available on this page depend on your implementation of MIP Cloud. These codes replicate the codes available in the Account Code Combinations grid. As you work through the wizard, you can switch between menu items by selecting Previous or Next at the bottom of the page.
Getting Started
The wizard provides you with three options for generating account code combinations. By default, the wizard will assist you with creating combinations manually, prompting you to select the account codes from each of the control segments to be used in conjunction to define combinations.
Alternatively, you can have the system automatically generate combinations based on actual historical activity and then choose to either replace all existing combinations by deleting the old ones or to append the new combinations to those that have been previously defined.
Combination Creation Options - Choose from the following options:
- Create combinations manually by selecting segments.
- Create combinations from actual data. Delete existing combinations.
- Create combinations from actual data. Append to existing combinations.
Select Accounts
Select the accounts you'd like to include in your valid account code combinations.
Review
Review the number of account code combinations you're about to create. These numbers are approximate because any duplicate combinations will be excluded during processing.
Select Finish to save the account code combinations.