Set up the integration with Profit Financial

You can easily journalise the pro forma subscription invoices. For this, you should first have set up the integration with Profit Financieel.

Content

Description

From the invoicing process in Profit Subscriptions, you are dealing with Profit Financieel. After all, the subscription amounts you invoice determine whether or not you make a profit and you want to see this reflected in your accounting and your financial reports. This is why you create a link to Profit Financieel from Profit Subscriptions. We call this link an Integration type.

For each process in Profit you have at least one integration type. So for the invoicing process in Subscriptions, but also for example for the purchase process in Profit Order management, you have one integration type. Together with the financial department and your consultant you decide which integration types you are going to configure. You specify on which ledger accounts you want to enter particular actions and costs.

For Profit Subscriptions this looks as follows:

Sub_Integratie met Profit Financieel instellen

You can specify the integration with Profit Financieel on 2 main levels (or have this done), with options to deviate from this.

  • Integration type = this is where you specify the journals per integration type. In the profiles for purchase and sales contacts, you can specify deviating journals for invoices and credit notes.
  • Article group = this is where you specify the ledger accounts per article group. You can specify deviating ledger accounts for entering revenues and crediting work types and costs in an integration group.

Procedure

  • Article group

    You use an article group to journalise the subscription invoices in Profit Financieel. You can also use the article groups for generating reports about the subscriptions.

  • Configure the integration type

    In order to enter the subscription invoices in the correct journal in Profit Financial, you set up an integration type.

  • Allocation link

    You can define allocation links for the integration of allocations with Profit Financial.