Step 4 - Identifying and/or Creating TeleTracker Online Required G/L Accounts within Quickbooks

In order to facilitate a successful interface with QuickBooks, there are numerous G/L accounts that you will be required to identify within TeleTracker Online. This step is designed to ensure that your QuickBooks company file contains each of the required G/L accounts prior to initially importing your QuickBooks chart of accounts into TeleTracker Online.  By following this step, you will be eliminating the possibility of having to add new G/L accounts to QuickBooks and re-import your additions at a later time.  The information compiled in this step will also be used in the following Step 7 (Configuring G/L Accounts Within TeleTracker Online)

List your company’s corresponding G/L Account numbers for the following items:

  1. The following items are company-wide and, as such, will apply to each location within your company.  Please consult your accountant for assistance in choosing the appropriate G/L accounts for your company:

a)      Accounts Receivable

b)      Shipping Expense

c)      Shipping Income

d)      House Deposits

e)      Unreceived Store Transfers

f)        Restocking Fee Income

g)      Sales (for each existing Revenue Department within TeleTracker Online)

h)      Returns (for each existing Revenue Department within TeleTracker Online)

i)        Inventory (for each existing Revenue Department within TeleTracker Online)

j)        Cost of Goods Sold (for each existing Revenue Department within TeleTracker Online)

k)      Coupon Expense (for each existing House Coupon within TeleTracker Online)

l)        Coupon Receivable (for each existing Service Provider and Vendor Coupon within TeleTracker Online)

m)    Sales Tax Payable (for each existing Sales Tax Item)

n)      Reasons (for each existing adjustment Reason within TeleTracker Online)

o)      Deposits (provider deposits for each existing Service Provider within TeleTracker Online)

p)      Customer Rebates (for each existing Service Provider within TeleTracker Online)

q)      Commission Income (for each existing Service Provider within TeleTracker Online)***The interface feature for this account is currently inactive within TeleTracker Online.  However, you will be required to identify it during this process, as it will be activated in a future upgrade***

r)       Commission Receivable (for each existing Service Provider within TeleTracker Online)***The interface feature for this account is currently inactive within TeleTracker Online.  However, you will be required to identify it during this process, as it will be activated in a future upgrade***

s)       Provider Rebate Income (for each existing Service Provider within TeleTracker Online)***The interface feature for this account is currently inactive within TeleTracker Online.  However, you will be required to identify it during this process, as it will be activated in a future upgrade***

t)        Provider Rebate Receivable (for each existing Service Provider within TeleTracker Online)***The interface feature for this account is currently inactive within TeleTracker Online.  However, you will be required to identify it during this process, as it will be activated in a future upgrade***

u)      Spiff Income (for each existing Service Provider within TeleTracker Online)***The interface feature for this account is currently inactive within TeleTracker Online.  However, you will be required to identify it during this process, as it will be activated in a future upgrade***

v)      Spiff Receivable (for each existing Service Provider within TeleTracker Online)***The interface feature for this account is currently inactive within TeleTracker Online.  However, you will be required to identify it during this process, as it will be activated in a future upgrade***

 

  1. The following items are Location specific and, as such, need to be entered on a Location-by-Location basis.  Please consult your accountant for assistance in choosing the appropriate G/L accounts for your company:

a)      Cash (for each Location)

b)      Pending Credit Cards (for each Location)

c)      Refund Checking (for each Location)