Page 14 - Unanet AE: Introduction to Project Management

Field Descriptions
Financial Type
• Choices of financial types include Asset, Liability Capital, Income, and Expense.
Note: Income and Expense accounts will be zeroed out to Retained Earnings
when the EOY (end of year) posting is run.

Account Type
• Subledger Account - Choices include Bank, Accounts Receivable, Accounts
Payable, and Employee Reimbursable.
• Other - When selected, the account is not a subledger account.
• Metric Type - Determines what metric type the account represents for project
related transactions. Choices are Cost, Billed Revenue, Work in Progress, Bad
Debt, Late Fee, Retainer, Retainage, Unbilled Revenue, Other Revenue,
Intercompany Revenue, and Intercompany Expense.
• Cost Type - Cost type is available only when the metric type is cost. Choices
include Direct and Indirect.
• PM Type - Project Management Type is available when the metric type is one of
the following: Cost, Billed, Unbilled, or WIP. Those four metric types are then
subdivided into Labor, ODC, ICC, and OCC.
• Revenue Type - Only available when the metric type is Billed Revenue. The
Revenue Type splits revenue between its cost component and the marked-up
component. Revenue Type is needed to calculate Billed-to-Date at some value,
other than the marked-up amount, and compare to a capped figure in a Not-to-
Exceed type invoice. Otherwise, select the first option Direct. In the case of Non-
Labor Revenue, there are two choices: Direct and Markup. In the case of Labor
Revenue, there are four choices: Direct, DPE + Overhead, Profit, and Fixed Fee.

Register Type
• Register Type (radio button) - The choices are Debit and Credit and the default
setting is based on the financial type selected. The Register Type represents the
normal balance state of the account. The default is changed only in a few cases,
such as a contra account.

This Register Type affects only the sign in Financial Statements. Unanet AE
stores debits as positive (+) values and credits as negative (-) values. Setting the
Register Type to credit informs Financial Statements to reverse the sign.

Settings
• Can Consolidate - When checked, the All Org Units for this base account will be
merged if Consolidate is chosen when printing a G/L Report.

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