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PROPERTY  MANAGER

MUSICK MANAGER

MUSICK PROVIDER

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Transfer of GL Transactions

PROPERTY MANAGER has a powerful integration to ACCPAC Plus or ACCPAC Advantage General Ledger. The transfer of GL information is a function of Month End Processing. GL transactions can be transferred in Detail or consolidated. Both Cash or Accrual accounting methods are supported simultaneously. 

Transfer to ACCPAC Advantage
- Change Transfer Layout - source code - Header - Source Type "SRCETYPE" should be Mapped field "Source Type".
- Include title record
- Select 4 digit year "Date Formatting" on transfer screen
- In ACCPAC Advantage create a new GL Journal Entry batch. Select File and Import from the menu. In the "Type" field select "Single CSV File". In the "File" field enter the same path as the Transfer location on the transfer screen in Musick Manager. Because of the title record in the CSV file, all of the import fields are defined. Just click the "OK" button to import the GL entries.

Transfer to ACCPAC Plus 
- Only Format 1 is supported for importing
- Change Transfer Layout - Entry ID Number should be changed to "Increment Entry No."
- Exclude the title record
- Select 2 digit year
"Date Formatting"  on transfer screen. If a 4 digit year is selected, the import batch in GL will have an invalid fiscal period.
- In ACCPAC Plus GL select "Transaction Processing" - "Batch Processing" and "Import batches". Specify the same path to the import file (*.csv) as the Transfer location field on the transfer screen in Musick Manager.

Optional Fields
Select the optional field to include in the Transfer Layout. In the Setup-Options for each application specify the information to place in the Optional Field. 

Consolidation Methods
GL Transactions may be transferred in "Detail" or "Consolidated". The  Consolidation Method is changed in the Setup - Options for each application. Select the "GL Transfer" tab. The available methods are:

No Consolidation- each transaction is sent to the GL-

Consolidation:
-In Detail-Billing Entry Income Account in Detail/Receivable Account in Summary
           -Cash Entry Checks In Detail/Bank Account in Summary 
-Detail/Invoice# -
-Detail/Summary -
-Detail/Cash -
-By Batch - Accounts are grouped by batch number.
-Date/Source Code - Accounts grouped by Date and Source Code
-Date - Accounts are grouped by Date
-Period/Source Code - Accounts are grouped by Period and Source code..
-Period - Accounts grouped by Period
-Account - Entries grouped by Accounts - entry date is specified by the user on the transfer screen.

GL Source Codes
Source codes need to added  manually into the General Ledger. Here are the Source Code to add for PM:

PM-IN = Invoice
PM-IT = Interest
PM-LT = Late
PM-AD = Adjustment
PM-CS = Cash
PM-AC = Adjustment to Cash
PM-NF = NSF Reversal (Non sufficient funds)
PM-SD =  Security Deposit
PM-CO =  Consolidated entry

Here are the Source Code to add for AP:
AP-IN =  Invoice
AP-AD =  Adjustment
AP-PY =  Payment
AP-NF =  NSF (Non sufficient funds)
AP-VT =  Void Transaction

AP-IR =  Invoice Reversal
AP-PR =  Payment Reversal
AP-DA =  Discount Added
AP-UP =  Unapplied Prepayment
AP-AP =  Applied Prepayment
AP-AI =  Prepayment applied to Invoice

AP-CO =  Consolidated entry

Property Manager Accounting

 

 

Accrual Accounting

Cash Accounting

DR

CR

DR

CR

AR Billing

A/R acct

Inc acct

A/R acct

Cash Clear Ctrl

 

 

 

 

 

AR Cash Rcpt

Bank acct

A/R acct

Bank acct

Inc. acct

 

 

 

Cash Clear Ctrl

A/R acct

 

 

 

 

 

Adjustments

 

 

 

 

AR Bill

Inc acct

A/R acct

Cash Clear Ctrl

A/R acct

 

 

 

 

 

AR NSF

A/R acct

Bank acct

Inc acct

Bank acct

 

 

 

A/R acct

Cash Clear Ctrl

 

 

 

 

 

AP Invoice

Exp acct

A/P acct

Cash Clear Ctrl

A/P acct

 

 

 

 

 

AP Check

A/P acct

Bank acct

Exp acct

Bank acct

 

 

 

A/P acct

Cash Clear Ctrl

 

 

 

 

 

Adjustments

 

 

 

 

AP Invoice

A/P acct

Exp acct

A/P acct

Cash Clear Ctrl

 

 

 

 

 

 

 

 

 

 

AP Check Rev.

Bank acct

A/P acct

Bank acct

Exp acct

 

 

 

Cash Clear Ctrl

A/P acct

 

 


Property Management software that increases management control and profits.