Review recommended accounting set mappings for common use cases.
Note Starting in March 2023, Salesforce offers Accounting Subledger built on the core Salesforce platform. This article provides information about that product. For information about the managed packaged version of Accounting Subledger, see Accounting Subledger Legacy Documentation. If you're not sure which version your institution uses, check with your Salesforce administrator.
- Configure an Accounting Set for Recruiting and Admissions Fees
For educational institutions, a key part of their mission is serving learners during their application journey and matriculation into a particular school. From on-campus to online learning—and especially within higher education—these institutions interact with prospective and enrolled students across the recruiting and admissions cycle. - Configure an Accounting Set for Revenue Cloud
For organizations with complex product catalogs and pricing structures, activities like generating quotes, billing customers, and collecting payments are critical. Regardless of their industry, these organizations manage many different types of records in Salesforce as they book, approve, and receive large volumes of transactions. - Configure an Accounting Set for Fundraising
For organizations raising funds through gifts that are designated for different purposes, it's important to track incoming gifts and their designations to make sure they accurately reconcile with finance systems. For gifts that are expected to arrive in the future that have legal contracts, revenue is also expected to be booked in advance. There's a requirement for accurate creation, adjustment, and exporting of ledger entries.