How K Entries are Handled

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Vouchers interfaced from Qbyte Metrix are balanced. They contain transactions for Taken in Kind product sales (K), and royalties that are taken in kind must have balancing entries. These entries are offset by entries to a PA clearing account along with a default vendor. Both the account and the vendor must be set up in Qbyte Financial, however, the vendor (business associate) should be set up as Terminated, to prevent coding to this vendor.

Typically the account and vendor are set up as:

• Account: 999 99

• Vendor: 99999

K entries are posted as gross_up amounts only in Qbyte FM, either combined with a B entry or as their own line item. K entries are not ignored or dropped by the interface process.

The balancing entry is ignored, based on the REV_INT_IGNORE_CLIENT_ID system default, which should be set to the vendor 99999.