In e-manageONE you can activate the Accrued Liabilities feature to begin accounting for un-billed costs when you recognize revenue to ensure you are reporting have the most accurate PProfit & LLoss reports.
To activate this feature follow the instructions below:
Set up an “Accrued Liabilities” (other current liability) account in QuickBooks
Import Chart of Accounts into e-manage|ONE from the QuickBooks Integration Application (see here for additional information)
Mark account in Chart of Accounts in e-manage as “Use in e-manage”, “Receivable Account” & “Payabale Account” (see here for additional information)
Open the e-manageONE Administrator Application > In the Corporate Division Configuration window select the newly created “Accrued Liabilities” account in the “Def Accr Liab Acct”
