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SMART 1.0 — Accounting

Accounting closes the financial loop: buyer deposits, lot closings, adjustments, proforma reporting, and pushing transactions to Microsoft Dynamics 365 Business Central via transmission queues.

  1. Verify deposits — earnest and option deposits match contract and bank (see Deposits).
  2. Month-end / close tasks — division checklist (inventory, WIP, etc.).
  3. Lot closing — move contract through closed status and finalize lot financials (see Contracts).
  4. Transmissions — release or troubleshoot rows waiting to post to BC (see How SMART talks to Business Central).
  5. Lot adjustments & proforma — per division policy for land and community P&L.

When accounting “sends to BC,” SMART creates transmission records. They move through statuses (queued, sent, error). If something fails:

  1. Read the error message on the transmission — it often names the missing account or blocked document.
  2. Fix the underlying contract, PO, or setup issue in SMART.
  3. Re-release the transmission (SMART 1.0 Accounting or SMART 2.0 admin pages, depending on type).

Accounting power users may use Developer mode on this site for status code tables and SQL; everyday staff only need the workflow above.

Deposit verification and some reports run in SMART 2.0 accounting/ — see SMART 2.0 — Accounting.