CenterPoint Fund Accounting - Assign Data Entry Templates to an Account

Templates describe the details about a transaction that will be created when an account is chosen in transaction entry. For example, if you enter an expense the default template, DT – Increase Expense will be used. This template tells CenterPoint that this entry will credit the bank account and debit the expense account. In most cases, the template that you will use most often is already defaulted to on this tab. However; there are some instances where you might want to reset the default template.

  • If you are accruing interest on your loans, you would want the transaction to zero out the accrued interest liability account when the interest on that loan is paid. You would, therefore, want to set the default template for your interest expense accounts to be DT – Interest Payment (Accrual).
  • If you sell inventory out of an inventory account most often, you might want to change the Receipts default template for your Crop Sales account to DT – Decrease Raised Inventory instead of DT – Increase Income. DT – Increase Income does not create an offset journal entry to reduce the inventory when sales are recorded out of inventory.

If a template is assigned to the account, that template will be used during transaction entry. If the account does not have a template assigned to it, the account category template will be used in transaction entry instead. If the account category does not have a template assigned to it, the account type template will be used in transaction entry instead.

  1. On the Setup menu, point to Accounts, and then click Accounts.
  2. Follow the Understanding and Using Accounts procedure to create a new account or select an existing account and then click Edit.
  3. Click the Templates tab.
  4. If you want to change the template that is in use by transaction entry screen, in the Change To box, select a different template.
  5. Click Save to save the account and return to the List tab, or click Close to save the account and close the Accounts screen.
Note: To return to the List tab without saving the account, click Cancel. To close the Accounts screen without saving the account, click in the upper-right corner.

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