Purpose of Subsidiary Ledger in Accounting
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ChartField that identifies the nature of a transaction for corporate accounts. Date for accounting entries for an activity. ChartField used to map transactions between business units when using a single interunit account.
ChartField that identifies the nature of a transaction for statutory accounts. This field appears only if you enable the Alternate Account option for your organization and for the general ledger business unit. The last date for which a report or process includes data. Amount of an item that is still open unpaid. ChartField that identifies unique control budgets when individual budgets share budget keys and overlapping budget periods. An identification code that represents a accounting general ledger example organization of business information.
You can use a business unit to define regional or departmental units within a larger organization. ChartField value that represents the category for a project transaction in Project Costing. A category further defines a source type.
Accounting general ledger example example, if you have a source type of labor, you might have categories for architect labor, carpenter labor, and plumber labor. This field is available only if you have Project Costing. ChartFields that you configure to meet your organization's requirements. Group of customers in a trade, such as grocers or mass merchandisers. ChartField that indicates who is responsible for or affected by the transaction. Freeflow text up to 30 characters.
Long Description link on all ChartField pages opens a secondary page to enter additional information regarding the ChartField value, such as fund name, sources, type of fund, donor information, or grants. Geographic area within an organization. Click to open a page where you can enter document sequencing information. This option is available only if you enable the document sequencing feature for the general ledger business unit.
The date on which a table row becomes effective; the date that an action begins. For example, the General Ledger Account page contains Effective Date and is used in conjunction with Status to determine on which date the Account is activated or inactivated. This date also determines when you can view and change information. Pages or panels and batch processes that use the information use the current row. Code that identifies the entry event definition that is used to create supplemental accounting entries for the transaction.
You define these codes on the Entry Event Code Definition page. The reason that is associated with an item that defines which accounting entries to generate and can be used for reporting purposes. ID that identifies the type of activity, such as invoice or pay an item. Rate that is used for currency conversion. ChartField that represents structural units for education and government accounting.
Can also represent a divisional breakdown in your organization. ChartField that is used to correlate transactions between funds when using a single intraunit account. Created when you edit journal accounting general ledger example accounting entries online in general ledger or you run the Journal Generator process for subsystem, imported, or batch accounting entries.
The first page accounting general ledger example to accounting general ledger example journal entries in general ledger which includes the overall journal information such as the ledger, the journal source, long and short descriptions, and more. Refers to each accounting line entered in General Ledger Create Journal Entries consisting of appropriate ChartField and accounting values. The language in which you want the field labels and report headings of your reports to print.
The field values appear as you enter them. Language also refers to the language spoken accounting general ledger example an employee, applicant, or non-employee.
The ledger template name is used to prompt correct ChartField names. If you specify a summary ledger template as the ledger template in setting up consolidations, the system displays the Ledger field, where you enter the summary ledger name. ChartField that is used to identify a location, such as a distribution warehouse or sales center.
ChartField that is used accounting general ledger example correlate transactions between operating units when using a single intraunit account. Designates the appropriate frequency in the Process Frequency group box:. Executes the request the next time that the batch process runs. After the batch process runs, the process frequency is automatically set to Don't Run. Executes the request every time that the batch process runs. Ignores the request when the batch process runs. This link takes you to the Process List page, where you can view the status of submitted accounting general ledger example requests.
ChartField that captures additional information that is useful for profitability and cash flow analysis by product sold or manufactured. ChartField that identifies groups of related activities, cost centers, revenue centers, responsibility centers, and academic programs. Tracks revenue and expenditures for programs. ChartField that captures information for project or grants accounting. ChartField that is assigned to a project that is related to the item.
Identifies the report being processed and generated. Click this button to access the Report List page, where you can view report content, check the status of a report, and see content detail messages that describe the report and the distribution list. Click this button to access accounting general ledger example Process List page, where you can view the status of submitted process requests. Click this link to access the Report List page, where you can view report content, check the status of a report, and accounting general ledger example content detail messages which show you a description of the report and the distribution list.
Click this button to access the Process Scheduler Request page, accounting general ledger example you can specify the location where a process or job runs and the process output format. A request identification that represents a set of selection criteria for a report or process. An identification code that represents a set of control table information or TableSets. A TableSet is a group of tables records necessary to define your company's structure and processing options.
User defined text up to 15 characters. ChartField value that represents the source type for a project transaction in Project Costing. A source type identifies the purpose of the transaction, for example labor. ChartField that identifies nonmonetary statistical amounts. Indicates if a row in a table is active or inactive. You cannot display inactive rows or pages or use them for running batch accounting general ledger example.
Use to inactive rather than delete data that you no longer use to maintain an audit trail. ChartField value that represents the subcategory for a project transaction in Project Costing. A subcategory further defines a category. For example, if you have a category of carpenter labor, accounting general ledger example might be standard hours and overtime hours. The system identifier for the individual who generates a transaction. Link that accesses another page for more detailed information.
Accounting Date Date for accounting entries for an activity. Affiliate ChartField used to map transactions between business units when using a single interunit account. Alt Acct alternate account ChartField that identifies accounting general ledger example nature of a transaction for accounting general ledger example accounts.
As of Date The last date for which a report or process includes data. Balance Amount accounting general ledger example an item that is still open unpaid. Budget Ref budget reference ChartField that identifies unique control budgets when individual budgets share budget keys and overlapping budget periods. Business Unit An identification code that represents a high-level organization of business information.
Category ChartField value that represents the category for a project transaction in Project Costing. Chartfield 1 to Chartfield 3 ChartFields that you configure to meet your organization's requirements. Dept department ChartField that indicates who is responsible for or affected by the transaction. Description Freeflow text up to 30 characters.
Long Description Long Description link on all ChartField pages opens a secondary page to enter additional information regarding the ChartField value, such as fund name, sources, type of fund, donor information, or grants. Division Geographic area within an organization. Document Sequence or Document Sequencing Click to open a page where you can enter document sequencing information. Effective Date The date on which a table row becomes effective; the date that an action begins. Entry Event Code that identifies the entry event definition that is used to create supplemental accounting entries for the transaction.
Entry Reason The reason that is associated with an item that defines which accounting entries to generate and can be used for reporting purposes. Entry Type ID that identifies the type of activity, such as invoice or pay an item. Exchange Rate Rate that is used for currency conversion. Fund ChartField that represents structural units for education and government accounting.
Fund Affiliate ChartField that is used to correlate transactions between funds when using a single intraunit account. Journal Created when you edit journal lines accounting entries online in general ledger or you run the Journal Generator process for subsystem, imported, or batch accounting entries. Journal Header The first page entered to create journal entries in general ledger which includes the overall journal information such as the ledger, the journal source, long accounting general ledger example short descriptions, and more.
Language or Language Code The language in which you want the field labels and report headings of your reports to print.
