TEST CASE 1: LOT PURCHASE

Application: NSE Qualico | Dataset: HBProto

TEST CASE STEPS:

EARNEST MONEY DEPOSIT

  1. Create an entry (either an A/P Invoice entry or a Journal Entry) to record an Earnest Money Deposit to the General Ledger
    • G/L allocation: G,7260,00,12220,[Subledger]
    • G/L allocation: G,7360,00,12220,[Subledger]
  2. Create an entry to record an Earnest Money Deposit to a Lot (or a group of Lots) within a Project
    • Suggested Major-Minor allocations:
      • 9122200-90 Earnest Money Deposit

LOT PURCHASE

  1. Create an entry to record the purchase of a Lot.
    • Suggested Major-Minor allocations:
      • 0000120-10 Developed Land
      • 0000190-10 Land Discount
      • 0000210-00 Residential Building
      • 9122200-90 Earnest Money Deposit
      • 9251100-92 Lot Payable

ACCRUAL OF INTEREST ON THE BALANCE OWING

  1. Create an entry to record the monthly accrual of interest on the Lot Payable
    • Suggested Major-Minor allocations:
      • 9087810-21 Interest on Acquistion
      • 9251150-92 Accrued Interest on Lot Payable

PAYMENT TOWARDS THE LOT PAYABLE

  1. Create an entry to record a payment towards the Lot Payable
    • Suggested Major-Minor allocations:
      • 9251110-93 Payment of Lot Payable
      • 9087810-20 Interest on Acquistion
      • 9251150-93 Payment of Accrued Interest on Lot Payable

 

DATA seen while executing testing:

  1. Use of the ZOOM functionality (ie. press [F9]) to look up values available for input in fields.

EXPECTED RESULTS:

With no Approval restrictions, Testers should be able to post their own Journal Entry