Internal vs. External Activity and
Balances
•2
options for distinguishing between internal/external transactions in
STARS:
–Dual set of
revenue/expenditure object codes – one for transactions with internal parties, one
for transactions with external parties
–New data element to
identify each STARS document as internal/external
•Advantages
for new data element option
–STARS will automatically
identify and record all types of internal and external batch type transactions
except journal vouchers
•