3-5 from the main menu
Expense codes are created in FocalPoint software to be used when you are relieving inventory or creating credit adjustments in A/R. For times when order processing procedures are being bypassed, it is necessary to be able to offset credits (decreases in assets like A/R and inventory accounts, or increases in revenue accounts) with debits (expenses or otherwise).
Fields
Expense Code ID
This is an inaccessible internal number.
Description
Enter the description for the expense code.
General Ledger Account Number
Represents the general ledger number set up in the General Ledger Accounts within FocalPoint
Active
Only active Expense codes will be available for use.
