Setup control accounts

The accounting control accounts are linked to a warehousing entity so all control accounts are set up at a warehouse entity level. In this article, setting up the management fee control account will be used as an example to demonstrate the steps required to create control accounts. 

1. To create a control account, navigate to Configuration > Organisational Structure: 

2. Select the Warehousing Entities item under the Entity section:

3. It will display all existing warehouse entities, so simply select the one that is required to setup a management fee or any other control account, to continue: 

4. Once the required warehouse entity has been selected from the list, this will redirect to the display warehousing entity page. Select the Actions menu > Control Account > Add Control Account:

5. Add the Account Name as required and click on the Save button to continue:

6. Once the control account has been added successfully, it can be viewed by selecting the Control Accounts association tab (or Quick Links if enabled ) or by selecting Control Accounts from the drop down list:

Once the control accounts e.g. management fee control account, establishment fee control account, etc have been created, they need to be linked to their relevant and for its intended use. For example, the management fee control account will need to be linked to the management fee setup. For detailed instructions on how to complete this, refer to this link. 

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