- Add Formulas
Can have multiple formulas based upon:
Company or Tax
Product groups
Amortization period type/length/% rate
Various start dates by publication date, receipt date, immediate date
Multiple General Ledger Expense/Inventory Accounts
- Perform Calculations
Calculations can be performed by:
Company or Tax
Period
Straight line write down
Calculations can also be re-run multiple times.
- Generate Reports
Generate reports to check formula calculations. Reports can be generated using the following criteria:
Formula set
Period
Hierarchy
Write down value for period
Output – Report or File
- Make Amendments
Make changes to the formulas if required
Re-run calculations
- Generate Journals
| Note |
The journal types to post are set up in a Control File. Generate journals into the General Ledger through the General Ledger End of Day. Journals are generated by companies
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