Q: How do I post sales revenue from RCM to my financial system?
Q: How do I post sales revenue from RCM to my financial system?
A: Rental Car Manager has a report called the GL Posting Report. (under the Monthly Financial Reports tab). To use you must first enter your financial systems revenue a/c codes into Rental Car Manager (see
overview of process below). Once these are entered the report produces a consolidated sales journal grouping all sales by the entered account codes.
Setting up your GL codes in Rental Car Manager
To enter your financial systems revenue account codes in Rental Car Manager follow the steps below.
- Click on the System Setup Menu.
- Click on the System Parameters icon and then scroll to the bottom of the screen.
- You will see the Rental Revenue GL Code field, select this entry and enter the account code for sales from your financial system.
- After entering the Rental Revenue GL Code click submit. Now click on the System Setup Menu again and then the Extra Fees icon.
- For each fee enter into the 'GL Code' field the financial revenue code that you wish to group this income by.
- Now when you run the GL Posting Report (under Reports / Monthly Financials tab) This will print sales consolidated by the entered GL Code. The printed report is in the form of a journal that may then be posted to your financial system.
For more details, see the GL Posting Report article.
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