Creating Statistical Accounts
Statistical accounts are used to track non-financial, that is, non-monetary, amounts over a period of time.
For more information, see About Statistical Accounts.
To set up statistical accounts.
- Create an account on the Chart of Accounts form where the Account Type is set to Statistical. Set the appropriate unit codes to be accessible. For example, if you want to record statistical information about departments, and Unit Code 1 reports department information, then set Unit Code 1 to Accessible for the account.
- On the Chart of Accounts - Budget and Plan form, specify statistical information related to the unit code in the statistical account. Use the Actual Change to record the amount of change during the current period.
- After you have set up your statistical accounts and entered information on the Chart of Accounts - Budget and Plan form, use this information to create ratios, compare financial values to non-financial values, or allocate and distribute expenses based on that variable data. For more information, see Example: Allocating Expenses with Variable Percentages based on YTD Amounts from Statistical Accounts.
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