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Accounting Tab

The Accounting tab determines where the funds go for Expenses and Income.

Parts of the Accounting Tab

Deferred Accotning	For each resource, you can indicate if expenses and income should be deferred. Even if you select deferred revenue accounting for the resource, it only comes into effect if the resources is attached to a project that is marked to defer revenue on the project's accounting tab.
Expense Accounts
Expense Tax Code	The tax rate that applies to the purchase of the resource.
Deferred Liability	A liability account as set up in the Chart of Accounts to be used with this resource when it it purchased for later sale.
Earned Expense Account	An expense (or cost of goods) account as set up in the Chart of Accounts to be used with this resource when it it purchased for later sale.
Income Accounts
Sales Tax Code	The sales tax rate used when selling/renting the resource.
Deferred Asset	The deferred income account - usually an asset to track future work (from the Chart of Accounts) to be used when this resource is sold or rented.
Income Account	The income account (from the Chart of Accounts) to be used when this resource is sold or rented.