Impact of Book Controls Without GL Account Assignment & Sync Requirements
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If a customer creates book controls but do not assign to GL accounts, only add to Events, would there be any impact to finance functions?
Also, is there any synchronization that needs to occur for book controls to take affect once assigned to GL accounts?
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Tagging Ryan Ungerboeck
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Ryan Ungerboeck - any insight you are able to provide here? Thanks!!
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1.) There is no implications or assigning book controls to events but NOT to GL accounts. Only issue is I don't usually advise someone to use a feature outside of its built purpose - which in this case is to represent the legal entity / owner of the event
2.) There is no synchronization that needs to occur after assigning book controls to GL Accounts. The only requirement is that if a book control is assigned to a single GL Account - there must also be a retained earning GL account for that book. Again - if they are not utilizing this to represent a legal entity - something like analysis codes would make more sense
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