PSA GAAP Compliance - Entities: New entities may be added after implementing GAAP

New entities may be added after implementing GAAP

You can add new entities and accounts after implementing the GAAP feature. If you add a new entity, make sure to set up the GAAP release accounts, GAAP net assets accounts, and any account restrictions for income and expense accounts.

Note: if you are under the authority of a managing institution, such as a diocese, adding an account is subject to their restrictions.

 

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