Set Up a Company-Wide Block Amount Master

To use Q360’s Block Amount functionality, there is a set-up required for the company-wide block amount master.

1. Create a new Master for Block Amount on your system with the following attributes:
   • Item Type (Master tab) is M – Miscellaneous
   • Sales Taxable flag (Master tab) is Unchecked
   • Warr/Def Rev. flag (Master tab) is Checked
   • The Deferred Revenue field (Details tab) is blank
   • Service Revenue field (Details tab) points to your Block Amount Suspense account
2. Contact Q360 Support to update your Config setting (BLOCKAMOUNTMASTERNO) and make your new Block Amount Master the default Master for your environment.

Note: If you are using a 3^rd party tax software, you will be responsible for setting this up according to the requirements of that service.