Hi,
My Finance department have asked me to integrate Tessitura and our Finance package, so that nightly Tessitura can automatically run a journal to help streamline processes and save time.
This didn't seem to be a problem until I ran into a restriction on the GL codes used for the Payment Methods. In the v10 documentation it states that a seperate GL is required for each Payment Method, however v11 only states that it is recommended. I spoke to our Finance department about having seperate GL codes for each payment method to enable more granular reporting, however it is a fixed requirement they go into the same GL due to software restrictions in our finance package.
Other than a loss of detail in reporting, are there any other repercusions in using a single GL code for payment methods, or is it even possible in v10?
I'm not sure what document you're referencing but the vast majority of our payment methods have the same Asset GL # (cash, check, and credit card all go to the same income GL) and this has been the case since we went live with Tessitura in 2008.