Set Common Function Parameters
|
|
|
|
|
This page allows you to set whether analysis and sub-analysis must be used during various transactions. Tell me more.
Select the “Set Common Function Parameters” link under the “Company Parameter Setup” business component.
The “Set Common Function Parameters” page appears.
Enter the following field in the “Process Parameters” group box:
|
Analysis / Sub Analysis Codes Applicable |
Use the drop-down list box to set whether analysis and sub-analysis must be used during transactions. You can select “Yes” if you want analysis and sub-analysis to be used during transactions. |
|
Retention Amount Calculation to be Order Specific |
Use the drop-down list box to set whether retention amount calculation must be order specific or not. You can select “Yes” if you want the retention amount calculation to be order specific. |
|
Auto Attach Sub Analysis Codes to Analysis Codes |
Use the drop down list to box to select whether the Sub Analysis Code created should be attached to all the existing analysis codes. The combo would be loaded with Yes and No. |
|
Auto Attach Analysis – Sub Analysis Code to Account Code |
Use the drop down list to box to select whether On creation of analysis Code / Assigning sub analysis code to Analysis code, the same should be attached to all the existing revenue and expense account codes. The combo would be loaded with Yes and No. |
|
Auto Generation of Debit / Credit Note On Currency Revaluation |
Use the drop down list box to specify whether debit/credit notes to be auto-generated on currency revaluation. The combo would be loaded with "Yes" and "No" |
Enter the following fields in the “Function Defaults” group box:
|
Exchange Rate Type For Bank Receipts |
Use the drop-down list box to select the type of exchange rate that must be used when payments received through bank are in a different currency. All the exchange rate types that have been defined will be available for selection in the alphabetical order. |
|
Exchange Rate Type For Cash Receipts |
Use the drop-down list box to select the type of exchange rate that must be used when payment received through cash are in a different currency. All the exchange rate types that have been defined will be available for selection in the alphabetical order. |
The system displays the following in the “Bank Account Posting Parameters” mulitiline:
|
Transaction Type |
The type of transaction used. It can be "Supplier Payments", "Supplier Receipts", "Customer Payments", "Customer Receipts", "Bank Collection Batches", "Sundry Payments" or "Sundry Receipts". |
|
Posting Account |
Use the drop-down list box to select the type of posting account. It can be “Control Account” or “Interim Account”. |
The system displays the following in the “Automatic Reconciliation of Inter Finance Book Transactions” multiline:
|
Transaction Type |
The type of transaction used. It can be "Inter FB Journal Vouchers", "Supplier Expense Invoice", "Supplier Payments", "Sundry Payment", "Supplier Adjustment Voucher", Supplier Balance Transfer" "Customer Adjustment Voucher", "Customer Balance Transfer" or "Fixed Assets Transfer". |
Enter the following in the multiline:
|
Automatic Reconciliation Required |
Use the drop-down list box to specify whether automatic reconciliation is required or not. The combo is loaded with options “Yes” and “No”. |
Click the “Set Parameters” pushbutton to set the parameters.
The system saves the parameters that have been defined for the first time. The system saves the subsequent modifications that have been made to the parameters. The system also stores the details of the business unit and company along with the parameter details. The system also stores the login ID of the user and the system date along with the parameter details.
Set Common Parameters – A summary of the activity
Parameters are usually set for the system to follow during various transactions. This page allows you to set parameters that are common for most of the transactions covered by the various business function groups. These parameters can also be modified as per subsequent business requirements. The system saves the history of the modified parameters.
In this page, you can also set the type of exchange rate that must be used for converting the payments received in different currencies through bank or cash. The system saves the values the first time the parameters are defined. The system retrieves these parameter values subsequently. The system also stores the login ID of the user and the system date along with the modified parameter details.