Setting up Mirror Accounting

1 Define mirror accounting for the entity or domain. Mirror accounting is defined as an attribute of the entity and can be enabled per entity or per domain. See Setting Up Entities. When you enable mirror accounting for the domain, it is activated for each entity by default.

2 Define your source and mirror daybooks. See Defining Source and Mirror Daybooks.

3 Define your source and mirror accounts, and define the settings for split transactions, if required. See Defining Source and Mirror Accounts.

Mirror accounting is then enabled in the current entity when:

• A daybook for inventory control transactions has been defined for the entity.

Use Mirroring Daybook Create (3.20.6.1) to create, modify, delete, and view source and mirror daybooks. You create the source and mirror daybooks as a linked pair.

You can select the same daybook for both source and mirror, and the mirror daybook can be any daybook of type Journal Entry in either the official or management layer. You can also use source and mirror daybooks of type Periodic Costing with both belonging to the transient layer.

You can, for example, define management layer daybooks for your mirror transactions, and generate management reports for this layer only. Each source daybook must have a mirror daybook to enable mirroring, and at least one transaction must be posted in the source daybook.

The following restrictions apply when defining source and mirror daybooks:

• The daybooks can be in either official or management layer, but at least one must be in the official layer.

• The source and mirror daybook type must be of type Journal Entry or of type Periodic Costing.

• The source and mirror daybook control (operational only) must be the same.

When a mirror transaction is split, and a sub-transaction is posted to a mirror daybook, the system retrieves the mirror daybook by checking the source daybook and identifying the other half of the pair.

Specify the entity in which the mirror transactions are generated. You can only select entities in the current domain.

Note: You can select journal entry or matching daybook types only.

These read-only fields display the daybook type for the source and mirror daybooks.

These read-only fields display the source and mirror daybook layers.

These read-only fields display the source and mirror daybook layer types. You can select daybooks in the official and management layers only.

These read-only fields display the source and mirror daybook control types.