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?
Hi Simon,
I just double checked the v10 documentation, and it doesn't say that separate GL accounts are required for each payment method. In the planning section it does say that a unique payment method is required for each unique payment GL that finance wants to use (i.e. if you wanted to use a different GL for ticketing payment methods and development payment methods you need to set up separate sets of payment methods to match the GLs), but if finance only wants to use one GL for all payment methods, then that is fine.
-Kevin Sheehan
Senior Documentation and Learning Resources Specialist
Thanks Kevin,
It seems I may have got my wires crossed then, thanks for your quick reply!
Just thought I'd drop a quick recommendation for a discussion session at the conference in San Diego this year titled From Tessitura to Your GL: Minimizing the Middleman. It would be great to have someone from your organization in the room if you have people attending.
Cheers!
Hi Ryan,
That session is already on my short list of sessions to attend, if I don't attend myself sure my FD would like to. The other session I'm quite interested in is "Implementing an Automated GL Interface".
Looking forward to the conference this year, going to be a good one!