How to create a 'Credit' in FCX

We use "Adhoc Revenue and Expenses" reference in the FCX system to reconcile credits in your company's accounting systems.

1. Open the reference and create a record.

2. Select the type of accounts you want to true up:

• Select the CIM Invoices in a "Type" field to reflect the revenue for a particular Project or Build Plan.
• Specify the VIM Invoices in a "Type" field to write off expenses for a specific Project, Build Plan, etc.

3. Fill in:

• Name — to set any custom name.
• Date — to include financial statements for the selected calendar year.
• Build Plan — to charge-off expenses  or charge revenue in for a selected Build Plan, Project, and for the company by extension.
• Financial Account — to add a required FA for recording financial transactions.
• Amount. Set transaction amount. The value of the transaction can only be positive.