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- accounting update from Mike M.
accounting update from Mike M.
Posted by Morgan White on November 13, 2014
I have realigned the way we account for projects in AiM, so each RLF will need to have a specific AiM account number that maps to a banner plant fund. As soon as I can transfer the open work orders off of MY862-Revolving Loan Fund, I will inactivate that account number.
So, each new RLF project will need a Banner Plant Account number (I obtain) and a new AiM account number (mee, too.) then I will let the PM know so he/she can set up work orders. This way, it keeps project costs segregated. Putting it all into one account like I did initially dumps all project costs into one AiM account making it hard to keep the expenditures separate. - Mike