Setting up internal accounts
Smart Investigate for Payments uses internal accounts in accounting transactions that are typically not a party in the case. Internal accounts are most often used to define reconciliation, wash, suspense, and profit and loss accounts. Once defined, internal accounts form the basis for a lookup table called the Chart of Accounts that defaults commonly used account numbers and account names into the Smart Investigate for Payments accounting transactions.
Smart Investigate for Payments ships with a standard set of internal accounts. For deployment, you create instances of these records in your ruleset and update them with the appropriate account information. See Appendix A, Application-Specific Information, for a list of the internal accounts shipped with Smart Investigate for Payments.
Once you create the internal account you must associate it with a work pool class described in the next section of this chapter.
Ruleset record affected:
- PegaSI-Party-InternalAccount instances
This image shows the internal account setup for the Nostro Accounts Payable account.
![](https://docs.pega.com/sites/default/files/drupal/dita/out/3911/strategic-apps-implementation/Content/Implementation/SIP/Images/internal-accounts.png)
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