Company Parameter Setup – An overview

Introduction 

System Parameters in Ramco Corporate Solutions regulate business functions by allowing or restricting certain features or user actions. It is also used to set default values. When the System Parameters are fixed, users can modify their values with certain restrictions. System Parameters that affect the process flow or the implementation of a feature will be termed as “Process Parameters”.  The remaining parameters, like default settings or value storage, etc will be called “Function Defaults”. 

 The Company Parameter Setup Component facilitates the setting of such parameters and gives default values at the Company Level.

This component is a final functional unit and each of the activities may require process parameters and function defaults in various transactions. Out of these, some of the parameters and function defaults may be common, which need to be set for all the components within a business function or components across business function. 

Feature Highlights 

List of Activities

Go to Activity…

For…

Set Parameters - Book Keeping

Setting parameters like – to allow future dated transactions for JV, posting type for FB consolidation, validating BRS completeness before closure, etc.

Set Common Parameters

Setting the applicability of analysis and sub-analysis code and providing default exchange rate type for bank and cash receipts.

Set Parameters – Fixed Assets

Setting parameters whether to allow FB closure before inventory completion or not, to allow downward revaluation, etc., and for setting the default exchange rate type for asset management.

Set Parameters – MAC

Setting the parameter to allow posting of total variance

Set Parameters – Payables

Setting the parameter to allow settlement across Business Units

Set Parameters – Receivables

Setting parameters whether to allow automatic reversal of receipts on bouncing or not, to allow adjustment across business units, to allow modification of pricelist unit price, etc.

Set Parameters – Tax

Setting parameters whether to allow tax amount calculation on gross amount or not, to allow modification of calculated tax, etc. and for setting the tolerance for tax amount correction.

View Parameters – Book Keeping

View the parameters that are set for Book Keeping

View Common Parameters

Viewing the common parameters that are set

View Parameters – Fixed Assets

Viewing the parameters that are set for Fixed Assets

View Parameters – MAC

Viewing the parameters that are set for MAC

View Parameters – Payables

Viewing the parameters that are set for Payables

View Parameters - Receivables

Viewing the parameters that are set for Receivables

View Parameters – VAT

Viewing the parameters that are set for Tax

Set Workflow Parameters

Setting the workflow parameters

View Workflow Parameters

Viewing the workflow parameters