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<s>[INST] In the context of INFOR Docs, tell me about Creating calendars? [/INST] Creating calendars You can define multiple calendars for a finance enterprise group. Define calendars based on your reporting requirements. Select Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open a finance enterprise group. Click the Calendar tab. Click Create. Specify the Global Ledger Calendar name and Description. Specify this information: Calendar Type Select the calendar type. If you select a predefined calendar type, you can automatically create a calendar year. When you select a period type, you may be prompted to specify additional information. Additional information is displayed for some of the complex calendar types. If none of the calendar types match your requirements, select Other This type of calendar does not support the year-to date and life-to-date hierarchies. You can individually create each calendar period. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating calendar years? [/INST] Creating calendar years At a minimum, you must define the previous, current, and next calendar year. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open a finance enterprise group record. Click the Calendar tab. Select a calendar. Select Actions > Create Calendar Year This action is not available for the calendar type of Other. Specify this information: Year Specify the year for the calendar. Start Date Specify the start date of the fiscal calendar. Click OK The calendar periods are created based on the Calendar Type and Start Date. Select the Hierarchy tab. Expand the Year to view the periods that are created. Repeat these steps for each calendar year that you want to create. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating calendar short years? [/INST] Creating calendar short years Use this procedure to create a calendar hierarchy for a short year. The short year calendar does not generate Quarters. You can create quarters manually, if desired, and move the appropriate months or weeks as subordinates. Unlike the regular Create Calendar Year action, the Create Short Year action only alters the hierarchy for the year given. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open a finance enterprise group record. Click the Calendar tab. Select a calendar. Select Actions > Create Short Year. If the message Creating an existing year will destroy and recreate it appears, accept to continue. Specify this information: Year Specify the year for the calendar. Start Date Specify the start date of the short year calendar. End Date Specify the end date of the short year calendar. Click OK The calendar periods are created based on the Start Date and End Date. Select the Hierarchy tab. Expand the Year to view the periods that are created. Manually add quarters, if desired. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating calendar periods manually? [/INST] Creating calendar periods manually Before you can create calendar periods, you must create a calendar. Use this procedure to create new calendar years or to create new periods within calendar years. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group. Click the Calendar tab. Click Open for the calendar in which to create periods. Click the Hierarchy tab. To create a new year, click Create. Specify this information: Period Type Select Year to create a year calendar. Select End Date to create a calendar that is based on a period end date. If you selected Year , then specify a year and click OK. If you select End Date , then specify an end date and click OK. With this scenario, you must define each period individually. You can use any dates. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating periods within a calendar? [/INST] Creating periods within a calendar Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group. Click the Calendar tab. Open a calendar. Click the Hierarchy tab. Select a year and click Actions > Create Period Within. You can also use this action to create new periods for years that have automatically created periods. For example, you can create quarter periods into which you can move month periods. Specify this information. Select Existing End Date Range, Thru Select an end date or a new period type. You can select any period end dates for the year. New Period Type Select the period type. If you select Quarter , then you must select a quarter or select the check box Create All. If you select Month , then you must specify which month (Period 1 to Period 13) or select the check box Create All. If you select Week , then you must select a week (Week 1 to Week 53) or select the check box Create All. If you select Day , then you must specify which day or select the check box Create All. If you select End Date , then you must select an end date. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Moving calendar periods? [/INST] Moving calendar periods You can move monthly periods to a different parent period. For example, if you have a monthly calendar, you can create quarter periods and move months to the quarters. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group. Click the Calendar tab. Open the calendar for which you want to move periods. Click the Hierarchy tab. Select the periods to move. Select Actions > Move. Select the new parent period under which you want to move the periods. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Updating display period template? [/INST] Updating display period template Display Period templates include text variables for constructing the value of Display Period for Year, Quarter, Month, Week, Day and End Date type periods. Use this procedure to update display period templates. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group. Click the Calendar tab. Open the calendar for which you want to define display period templates. On the Main tab, hold Ctrl+Shift and right-click one of the default display period fields: Default Year Display Period Default Quarter Display Period Default Month Display Period Default End Date Display Period Click Variables and select the variable to use to build the template. Click Save. After updating one or more display period templates, you must rebuild display periods. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Rebuilding display periods? [/INST] Rebuilding display periods If the default display period template is changed after the calendars have been created, you must use this procedure to apply the new settings to all calendar elements Sign in as an Administrator and select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open a finance enterprise group. Click the Calendar tab. Select the calendar for which to rebuild. Click Actions > Rebuild Display Periods. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Rebuilding period cross reference? [/INST] Rebuilding period cross reference Use this procedure to populate data from your existing calendars to the general ledger period cross reference. The general ledger period cross reference provides a mapping from a given date to the corresponding general ledger calendar period. The general ledger period cross reference is maintained by normal calendar maintenance. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open a finance enterprise group record. Click the Calendar tab. Select a calendar. Select Actions > Rebuild Period Cross Reference. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Enabling automatic reversal within the same period? [/INST] Enabling automatic reversal within the same period You can enable a finance enterprise group to automatically reverse journals within same posting period. The auto reverse date must be after the posting date. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open a finance enterprise group and select the Options tab. Select the Auto Reverse Within Same Period check box. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Close configurations? [/INST] Close configurations Close configurations are used to specify the period close dates for the finance enterprise group. An accounting entity must be associated with a close configuration and a year that is valid for the close configuration. For each close configuration, you must specify the years for which the close configuration is valid. For each year, you must specify the period close dates that are valid for the year. Although close configurations use periods that are defined in the finance enterprise group calendars, they are not tied to a specific calendar. You have complete flexibility in creating close configurations: You can create multiple close configurations to meet the various reporting requirements of your organization. We recommend that you use the same close configuration for all accounting entities. You can select any of the calendar dates as period end dates for any of the finance enterprise group calendars. If Periods Are End Of Month is selected, then only month-end periods are available to select. You can also create one-off period close dates to meet one-off reporting requirements. When you create a close configuration or when you modify close periods for general ledger, an alert message Run the Create Period Status action after creating periods is displayed. You must run the Create Period Status action for each close configuration that is created or modified. Records for the entity ledger period are created for accounting entities that references the close configuration that is created or modified. The alert is displayed until this action is run. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating close configurations? [/INST] Creating close configurations Before you create a close configuration, you must create at least one calendar and its associated periods. You can define multiple configurations for a finance enterprise group. We recommend that you use the same close configuration for all the accounting entities within a finance enterprise group. Select Financials > Global Ledger > Finance Enterprise Group > Maintenance. Open the finance enterprise group. Click the Calendar tab. Open any calendar and click the Close Configuration tab. Click Create. Specify this information: Close Configuration Specify the name of the close configuration. Description Specify the full description of the close configuration. Periods Are End Of Month If you select this check box, then when you create a configuration year, you can only select end of the month dates as closing periods. If you do not select this check box, then you can specify any dates that exist on any of the calendars for the closing dates. You can also add new dates on the calendar and select them for close configuration. Default Period Name If this field is blank, then the month name and close year are used as the default for the period name. To specify the default period name, right-click the field and select Variables A list of valid variables are displayed. Select the variable or variables to use as the period name. The default period name can be changed at a later time right-clicking the field and selecting Variables Select the new variables you want to use and save your changes. Then for each year that is listed, right-click the year and select Default Period Names. Click Save. Create the configuration years by selecting Actions > Create Year. Specify the Year. Click OK. Click the Periods tab. Select the year and click Helper List. Select the periods to assign to the year. Click Create Close Period The period close date is added to the configuration year. Repeat steps 8-14 for additional years. When an alert message is displayed, click Create Period Status. To manually create periods that are not already defined, select a year and click the Calendar tab. Click Create. Specify this information: Period Type Select End Date. Period End Date Select the end date for the period. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating one-off close dates on the calendar? [/INST] Creating one-off close dates on the calendar To select a one-off closing date, you can create a new period close date directly on the close configuration calendar. A one-off closing date does not show on any of the finance enterprise group calendars. Then select the date for any of the close configurations, except for month-end only close configurations, which can only include month-end dates. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Calendar tab. Open any calendar and click the Close Configuration tab. Open the configuration for which to add a period close date. Click the Periods tab. Select the year and click Helper List. Select the periods to assign to the year. Click Create Close Period The period close date is added to the configuration year. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating period statuses? [/INST] Creating period statuses Use this procedure to create entity ledger period records for any accounting entity that references the close configuration that has been created or modified. This action must be performed after a close configuration is created or modified. An alert message appears next to the close configuration record as a reminder if this action has not been performed. Select Financials > Global Ledger > Finance Enterprise Group > Maintenance. Open the finance enterprise group. Click the Calendar tab. Open any calendar and click the Close Configuration tab. Select the close configuration and click Actions > Create Period Status. In the confirmation dialog, click Yes. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Renaming and shifting periods? [/INST] Renaming and shifting periods To adjust the close configuration schedule for a year-end date change, a reorganization of the CloseConfigurationPeriod and all GeneralLedgerTransaction records is required. When the reorganization is complete, the year and period that are displayed on the GeneralLedgerJournalControl may not be meaningful. The year and period are not meaningful when reporting on a year-end calendar other than the one for the close configuration. For example, a 12-month calendar year is assigned to the close configuration of the entity. But a particular entity always reports on a May 31 year-end basis. Period 5 does not have the same meaning to that particular entity as it does to a calendar year entity. May as a period name may be more meaningful to all the entities regardless of the year-end basis reporting. You can apply a new name to show on all relevant forms and fields to customize the year and period. Use this procedure to rearrange or shift the close periods. Select Finance Enterprise Group > Maintenance. Open the finance enterprise group. Select the Calendar tab. Open a calendar record and select the Close Configuration tab. Open the close configuration and use the Years tab. To change the period name, hold Ctrl+Shift and right-click the Default Period Name field. Select Text Variable Replacement and select the variable. To update the period name and shift the periods, select Actions > Shift Periods. Specify this information: Shift By Specify how many periods to shift. To change only the period name, specify 1 To reset the order, shift periods again by the reversal of the original shift. For example, -1. Assign Default Period Name Select this check box to update the period name with a new variable. Starting In Year Specify the year in which the changes are applicable. Click OK. If only the change to the period name was required, then rerun the action with the opposite Shift By value to reset the order. Click Create Period Status Click Yes to confirm. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Moving a period to a different year? [/INST] Moving a period to a different year If a period was added to the wrong year, you can move the period to a different year. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group. Click the Calendar tab. Open any calendar and click the Close Configuration tab. Open the close configuration and click the Years tab. Select the year with periods to move. Select the period or periods to move and select Actions > Move To Different Year. Specify this information: New Close Year Select the new close year to add the period to. Assign Default Period Name Select this check box to update the period name with the new variables. If the close year is part of the period name, select this check box to avoid a confusing name. Click OK. Click Create Period Status Click Yes to confirm. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Updating the default period name for close configurations? [/INST] Updating the default period name for close configurations You can change the Default Period Name that includes text variables to change how the period name is displayed. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open a finance enterprise group and select the Calendar tab. Open a calendar and select the Close Configuration tab. Open a close configuration. Press Ctrl + Shift + right-click on the Default Period Name field. Select Text Variable Replacement and select the variables to use for the Default Period Name. On the Years tab, click the arrow and select Rebuild Period Names. After updating, you must rebuild display periods. Click Create Period Status. See Creating period statuses. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Accounting entities? [/INST] Accounting entities An accounting entity is the highest organizational element in Global Ledger within a finance enterprise group. An accounting entity can represent any business or legal entity of an organization, such as a company, division, or region. All transactions must be associated with an accounting entity. An accounting entity has these characteristics: A functional accounting entity currency and up to three alternate currencies The close configuration to use The current year and period If accounting units are used, whether to use zone balancing for accounting units Whether to balance by transaction currency and auto balance currency transactions Allow the Unrelease Manual Journal Valid systems Whether to require journal approval and to set the approval amount Assign Address Code Depending on your finance enterprise group finance structure, the accounting entity may be associated with an accounting unit structure. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating an accounting entity? [/INST] Creating an accounting entity All transactions must be associated with an accounting entity. Note: Your organization may use another term for accounting entity. Select Finance Enterprise Group > Maintenance. Open the finance enterprise group and select the Accounting Entity tab. Click Create. Specify this information: Accounting Entity Specify a unique accounting entity code. This code can be up to 12 alphanumeric characters. You cannot change the code after the accounting entity is saved. Name Specify the accounting entity name. You can change the name after the accounting entity is saved. Effective Date Specify the date on which the accounting entity takes effect. If this field is blank, then the current date is used. Future Changes This is a read-only field. This check box is selected when there are future changes for the accounting entity. Functional Currency Select the currency in which the accounting entity operates. Alternate Currency You can specify an alternate currency that is specific to the accounting entity. This can be a currency other than the reporting currencies for the finance enterprise group. For example, you can use two versions of the same currency to satisfy local reporting requirements, each with its own currency exchange rates. Alternate Currency 2, 3 You can specify a second and third alternate currency. Auto Balance Threshold For each currency, specify a threshold to limit the amount that can be auto-balanced when manually releasing a journal. Status Select the status of the accounting entity. Posting Category You can select a posting category for the accounting entity. A posting category is an attribute that is associated with one or more accounting entities for posting purposes so that they can be processed together. Average Daily Balance Select this check box to enable average daily balance for the accounting entity. Close Configuration Select the close configuration that the accounting entity uses. The close configuration must have period close dates that are defined for the accounting entity's current year, the previous year, and the next year. Current Period Specify the current period for the accounting entity. If data migration is used, then two possible methods are available to complete this field. Specify the current year for the accounting entity. If you migrate history, then you must open previous years for back posting. See the Global Ledger User Guide to open a period for back posting. Specify the first year for the data you are migrating as the current year on the accounting entity. You are not required to open prior years or periods for back posting if you use this method. These steps are required if you use this method: Create at least one reporting basis. Ensure that you assign ledgers and accounting entities to the reporting basis. For the close configuration specified on the reporting basis, ensure that close periods have been created in the close configuration. Close periods must be created for each year that you are migrating data for. Run the Entity Period Rebuild action from the Utilities menu for each of your close configurations. Run the action for a range of years for all years in the close configuration. Run the migration by interfacing transactions. Run the Period Close action to close periods. When you close the last period of a year, the current year on the accounting entity is updated. Close the years in your reporting basis to update the beginning balances for the following year. Note: The GL journal entry program edits data when journals are added for accounting entity periods that do not exist. The GLTransactionInterface does not edit data. If an entity ledger period with the posting date does not exist, then journals are processed and added to the current period of the accounting entity. Accounting Unit Zone Balancing Select this check box to use zone balancing for your accounting units. You can use zone balancing for any level of the accounting unit structure. Balance By Transaction Currency Select an option for balancing by transaction currency when journal entries are created: No Balancing No balancing by transaction currency. Transaction Amount If the transaction amounts are out of balance for a currency, then one of these situations occur: For an interfaced journal, an Error Suspense transaction is generated in the transaction currency for the transaction currencies with amounts that are out of balance. For a manually-released journal, the transactions must be manually balanced by transaction currency before it can be released. If the Auto Balance option is selected on the accounting entity, then an Auto Balance transaction is generated in the functional currency. The currency amounts for the journal are balanced. All Currency Amount s An auto balance transaction is created for each transaction currency where any of the currency amounts for a specific transaction currency are out of balance. Auto Balance To automatically balance currency amounts, select this check box. If this check box is cleared, then the amounts must be manually adjusted. Unrelease Manual Journal Select this check box to allow the unrelease of manual journals for the accounting entity. Valid Systems Specify system codes that can be posted to an accounting entity. Journal Approval Select this check box to require that journals are approved before they are released. A journal approval amount must be set if journal approval is required. Journal Approval Amount Specify the amount of the approved journal. Bypass Approval Code Select an approval code to be bypassed when releasing journals. This eliminates the code from requiring approval. The bypass approval code is used if a particular business area does not use the journal approval process. Address Code Specify the address that is associated with the accounting entity. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating system controls for accounting entities? [/INST] Creating system controls for accounting entities System controls can be created for each subsystem that posts a journal entry to Global Ledger For each accounting entity and subsystem, you can specify interface controls, override the currency rate, and set closing controls. Closing controls are used to identify the system codes that must be closed before the Global Ledger period is closed. Using closing controls for non- Global Ledger systems you can specify valid entry dates. Verify that all subsystem activity is interfaced and posted to Global Ledger before the period is closed. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity tab. Open an accounting entity and click the System Control tab. Click Create. Specify this information: System Select a Global Ledger system code for which to create controls. In the Interface Controls section, specify this information: Auto Post Select this check box if journal entries that originate in the selected system should be automatically posted to Global Ledger. Hold Code If you select a hold code, it is assigned to all Global Ledger transactions that originate from this system for the accounting entity. You must remove the hold code from the transactions before you can post them. In the Override Currency Table section, specify this information: Currency Table Select a currency table to override the exchange rate table that is assigned to the finance enterprise group. The override currency rate table is used for both manual and recurring journal entries. In the Closing Control section, specify this information: Control If you select this check box, the subsystem period must be closed before the Global Ledger period can be closed. Select this check box only if you selected these System codes: CA , GL , PS , and RJ. All other sub system closing controls must be defined in the Global Ledger Company record. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Accounting units? [/INST] Accounting units An accounting unit represents an organizational element for an accounting entity. For example, a division, department, region, or store. Accounting units are defined in a parent-child hierarchy within an accounting unit structure. An accounting entity can have multiple accounting unit structures. One accounting unit structure must be designated as an enterprise structure. The enterprise structure is the default accounting unit structure on reporting bases. Note: On the finance enterprise group, you can rename the default term, Accounting Unit, to a term that reflects the structure that you use. For example, Department. For the purpose of this document, we use the default name. Be aware that if you change the name on the finance enterprise group, the name is changed on all of the related forms. Each accounting unit hierarchy is contained in an accounting unit structure. Your accounting entity can include an indefinite number of levels of accounting units in a parent-child structure. You can define zone balancing for any level of the accounting unit structure. See Accounting unit zones. A level represents a layer in an accounting entity's hierarchy. For example, an accounting entity hierarchy might include three levels: region, division, and department. Region is a parent of division, which is a parent of department. Each level is part of, or reports up into, the level above it. Each accounting unit must have a unique name, which can be up to 25 alphanumeric characters. You use accounting units to further define your accounting entity hierarchy. By defining accounting units at different levels, you build a structure that resembles your organization. You define two types of accounting units: Posting accounting units are used to post journal entries. Posting accounting units are the lowest child accounting units in any branch of the accounting unit structure. You cannot define additional child accounting units below a posting accounting unit. Summary accounting units are used to summarize the activity of child accounting units for consolidation and reporting. Note: If you use Accounting Entity Security Groups, changes to the structure require a rebuild of the affected security groups. See the Financials & Supply Management User and Security Administration Guide. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Accounting unit structures? [/INST] Accounting unit structures If you select accounting units for your finance structure, you must create at least one accounting unit structure for your accounting entities. This must include an accounting unit hierarchy for each accounting entity. You can create multiple accounting unit structures. One structure must be an enterprise hierarchy that is used as the default accounting unit structure on reporting basis. The accounting unit hierarchy is unique to each accounting entity. When a new accounting unit structure is created, a hierarchy must be created for each accounting entity using the structure. To view all accounting unit structures and their associated hierarchies, and the reporting bases that use them, select Global Ledger > Setup > Finance Enterprise Group > Structure Compare > Accounting Unit. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating accounting unit structures? [/INST] Creating accounting unit structures Accounting unit structures are shared by all accounting entities in the finance enterprise group. When you create an accounting unit structure for one accounting entity, it is created for all accounting entities. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity tab. Open the accounting entity. Click the Accounting Unit Structures tab. Click Create. Specify this information: Structure Specify the accounting unit structure. Description Specify the description for the accounting unit structure. Effective Date You can specify the date on which the accounting unit structure takes effect. If this field is blank, then the current date is used. Enterprise Structure Select this check box if this is the enterprise structure. The enterprise structure is the default structure on reporting bases. Each accounting entity must have an enterprise structure. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating accounting unit hierarchies? [/INST] Creating accounting unit hierarchies Your must create a hierarchy for each accounting unit structure. Your accounting unit hierarchy can contain an unlimited number of levels. You can use zone balancing for any level. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity tab. The actual name of this tab is the label that is assigned to Accounting Entity on the finance enterprise group. Open an accounting entity. Click the Accounting Unit Structures tab. Open an accounting unit structure and click the Hierarchy tab. Click Create. Specify this information: Type Select the accounting unit type. If you select Posting , then you cannot create a child accounting unit for this accounting unit. Accounting Unit Specify the accounting unit name and description. You cannot change the name after you save the accounting unit, although you can change the description. Note: When you create a summary accounting unit, the system automatically adds the structure number and an underscore to the beginning of the summary accounting unit name to allow it to be used in multiple structures. For example, if you name the summary accounting unit "FACILITIES" the system saves it as "1_FACILITIES" in the first structure created. This reduces the allowed number of characters for the summary name. If you enter a summary name that takes the entire available field size, the system removes characters at the end of the summary name value when prepending the structure number. System Accounting Unit Select this check box if this is the system accounting unit for system-generated transactions. For example, year-end close or currency processing and balancing. An accounting entity can have only one system accounting unit and it must be a posting accounting unit. It can be the same accounting unit as the accounting entity zone accounting unit. Inter Accounting Entity Accounting Unit Select this check box if the inter entity transactions use specific accounting units. Include in Budget Edit If you use budget edit, select this check box on posting accounting units to define the accounting unit to use in budget edit templates. Budget Identifier If you use budget edit, budget identifiers can be assigned to summary accounting units. The identifiers are used in budget edit templates. Address Code Specify the address that is associated with the accounting entity accounting unit. If the accounting entity uses zone balancing, specify this information: Is A Zone This field is available if the accounting entity uses zone balancing. Select this check box if this accounting unit is a zone. For each accounting unit branch, you define the top level at which you want to balance as the zone. Zone Accounting Unit This field is available if the accounting entity uses zone balancing. If you select Is A Zone , then select the zone accounting unit to balance with. It must be a posting accounting unit. Entity Zone Accounting Unit This field is available if the accounting entity uses zone balancing. Select this check box if this is the accounting entity zone accounting unit. The accounting entity zone accounting unit must be a stand-alone accounting unit. It cannot be a child accounting unit and it cannot be a parent accounting unit. In addition, it cannot be a zone. It can be the same accounting unit as the system accounting unit. This accounting unit is used to post balancing entries for transactions between zoned and not-zoned accounting units. Default Zone Accounting Unit This field is available if the accounting entity uses zone balancing. Select this check box if this is the default zone accounting unit. An accounting entity can have only one default zone accounting unit. The default zone is used to keep all transactions in balance when transactions cross zones. The default zone is the default value on transactions, but it can be overridden. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating child accounting units? [/INST] Creating child accounting units After you create an accounting unit hierarchy, you can create accounting units within the existing hierarchy. Select the parent hierarchy and select Actions > Create Child Accounting Unit. Specify this information: Type Select whether the accounting unit is a Summary or Posting accounting unit. Accounting Unit Specify the accounting unit name. You cannot change the name after you save the accounting unit, but you can change the Description. Note: When you create a summary accounting unit, the system automatically adds the structure number and an underscore to the beginning of the summary accounting unit name to allow it to be used in multiple structures. For example, if you name the summary accounting unit "FACILITIES" the system saves it as "1_FACILITIES" in the first structure created. This reduces the allowed number of characters for the summary name. If you enter a summary name that takes the entire available field size, the system removes characters at the end of the summary name value when prepending the structure number. Description Specify a description for the accounting unit. Budget Identifier If you selected a Summary accounting unit, specify the budget identifier. Address Code Specify the address that is associated with the accounting entity accounting unit. Effective Date Select the effective date for the accounting unit. Click Submit. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Exporting an accounting unit hierarchy? [/INST] Exporting an accounting unit hierarchy You can export an accounting unit hierarchy for ease of maintenance. For example, modifying descriptions or creating a structure for a new entity. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity tab. Note: The actual name of this tab is the label that is assigned to Accounting Entity on the finance enterprise group. Open an accounting entity. Click the Accounting Unit Structures tab. Select the accounting unit structure. Select Actions > Export To Upload. Specify the Run Group name. To refine the elements that are exported, you can specify a Custom Group , Accounting Entity Group , Accounting Entity , Summary Accounting Unit , or Posting Accounting Unit. Click OK The structure is created in all of the accounting unit entities. If a hierarchy exists in the copied structure, then the hierarchy is also copied to the new structure. Modify the records to prepare them for upload. For example, to upload the hierarchy to another accounting entity, change the name of the accounting entity on each record that you want to upload. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Uploading accounting unit hierarchies? [/INST] Uploading accounting unit hierarchies This procedure assumes that hierarchies have already been copied to the Upload tab either by exporting and updating the hierarchies from an existing accounting entity structure. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity tab. Note: The actual name of this tab is the label that is assigned to Accounting Entity on the finance enterprise group. Open an accounting entity. Click the Accounting Unit Structures tab. Open the accounting unit structure and click the Upload tab. Select Actions > Upload Hierarchy. Specify the Run Group to which you want to upload the hierarchy. Click OK The hierarchies are uploaded to the appropriate accounting unit structures and accounting entities. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Deleting upload records for accounting unit hierarchies? [/INST] Deleting upload records for accounting unit hierarchies You can delete individual upload records or you can delete the entire run group. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity tab. Note: The actual name of this tab is the label that is assigned to Accounting Entity on the finance enterprise group. Open an accounting entity. Click the Accounting Unit Structures tab. Open the accounting unit structure and click the Upload tab. To delete individual records, select the record and click Delete. To delete an entire run group, select Actions > Delete Upload Records For Run Group Specify the Run Group to be deleted. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Resetting upload errors? [/INST] Resetting upload errors If there are errors in the upload run group, an error message is added to the record. After correcting errors, a reset action must be run to clear the error messages on the record. Then the Upload Hierarchy action can be run again. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity tab. Note: The actual name of this tab is the label that is assigned to Accounting Entity on the finance enterprise group. Open an accounting entity. Click the Accounting Unit Structures tab. Open the accounting unit structure and click the Upload tab. Select Actions > Reset Upload Errors. Specify the Run Group and click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Copying accounting unit structures? [/INST] Copying accounting unit structures You can copy an accounting unit structure and its hierarchy. The structure is copied to all existing accounting entities. The hierarchy is copied only locally, within the accounting entity where the copy originated. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity tab. Note: The actual name of this tab is the label that is assigned to Accounting Entity on the finance enterprise group. Open an accounting entity. Click the Accounting Unit Structures tab. Select or open the accounting unit structure. Select Actions > Copy Structure. Specify this information: New Structure Specify the name of the new structure. New Description Specify the description of the new structure. Make New Structure Active Select this check box to make the new structure active. Click OK The structure is created in all the accounting unit entities. If a hierarchy exists in the copied structure, then the hierarchy is also copied to the new structure. The hierarchy is only copied in the accounting entity where the copy was initiated. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Moving accounting units within structures? [/INST] Moving accounting units within structures Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity tab. Open an entity and click the Structure tab. Open a structure and click the Hierarchy tab. Select the accounting unit and click Actions > Move. In the Move Finance Accounting Unit window, select a New Parent Accounting Unit. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Removing accounting units from structures? [/INST] Removing accounting units from structures Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity tab. Open an entity and click the Structure tab. Open a structure and click the Hierarchy tab. Perform one of these actions: To remove the accounting unit, select the accounting unit and click Actions > Remove from Structure. To remove the entire accounting unit branch, select a summary accounting unit and click Actions > Remove Branch When a confirmation message appears, click Yes to confirm. Posting accounting units in the branch are also removed from the structure. You can add posting accounting units back to the structure, if necessary. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Attaching posting accounting units to a new structure? [/INST] Attaching posting accounting units to a new structure You can add an accounting unit to a single specified accounting unit structure under the same accounting entity. You have the option to specify the parent accounting unit for the accounting unit being added to the structure. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity tab. Open an entity and click the Structure tab. Open a structure and click the Hierarchy tab. Select the posting accounting unit and select Actions > Add Posting Accounting Unit To Structure. Specify this information: Structure Select the new structure to add the posting accounting unit to. Parent Accounting Unit Select the new summary accounting unit to add the posting accounting unit to. If there are no summary accounts to add the posting accounting unit to, this field can be left blank. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Adding posting accounting units to multiple structures? [/INST] Adding posting accounting units to multiple structures You can add a posting accounting unit to all structures where a specified posting accounting unit currently exists. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity tab. Open an entity and click the Structure tab. Open a structure and click the Hierarchy tab. Select the posting accounting unit and select Actions > Add Accounting Unit To Structures. Specify this information: Accounting Unit In Structure Select the posting accounting unit to look for in additional structures with the accounting entity. Where the accounting unit you specify exists, the accounting unit selected will be added to the existing structure. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Setting include in budget edit for multiple accounts? [/INST] Setting include in budget edit for multiple accounts You can select or clear the option to include in budget edit for the posting accounting units that are child records of a summary accounting unit. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and select the Accounting Entity tab. Open an entity and select the Structures tab. Open a structure and select the Hierarchy tab. Select the summary accounting unit and select Actions > Set Include Budget Edit On Posting Dimensions. Specify this information: Include Or Exclude Select Include to select the Include In Budget Edit check box for all posting accounting units. Select Exclude to clear the Include In Budget Edit check box for all posting accounting units. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating accounting entity relations? [/INST] Creating accounting entity relations You must create relations between accounting entities if: You have multiple accounting entities in your finance enterprise group, and You want to post transactions from one accounting entity to another Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity Relation tab. Note: On this tab, Accounting Entity is replaced by the label that is assigned to Accounting Entity on the finance enterprise group. Click Create. Specify this information: From Select the From accounting entity. To facilitate inter entity payables and receivables analysis, select My Reports > Inter Entity Payables and Receivables Select the Use Sub Accounts option on the finance enterprise group. You can define a sub account that is meaningful for inter entity analysis. The sub account should be something that easily identifies the From accounting entity. For example: Accounting entity: 1000 Sub account: 1000 Sub account description: Entity 1000 To Select the To accounting entity. To facilitate inter entity payables and receivables analysis select My Reports > Inter Entity Payables and Receivables Select the Use Sub Accounts option on the finance enterprise group. You can then define a sub account that is meaningful for inter entity analysis. The sub account should be something that easily identifies the To accounting entity. For example: Accounting entity: 2000 Sub account: 2000 Sub account description: Entity 2000 Valid Systems Specify a custom group for system codes to be used for this inter entity relationship. Elimination Ledger Specify the elimination ledger for which a corresponding transaction is created. Elimination transactions are created for inter-entity journals that are selected for elimination when the journals are released. This check box is available only if the Enable Related Party Elimination check box is selected on the Options tab. Effective Date You can specify the date on which the inter entity relation will take effect. If you leave this field blank, the current date is used. Create Reverse Relation Select this check box to automatically create the reverse relation and post transactions between both accounting entities. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating accounting entity groups? [/INST] Creating accounting entity groups You can create accounting entity groups to use for processing. For example, you can revalue or translate a reporting basis by accounting entity group. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounting Entity Group tab. Note: On this tab, Accounting Entity is replaced by the label that is assigned to Accounting Entity on the finance enterprise group. Click Create. Specify the Accounting Entity Group name and Description. Click Save. Add accounting entities to the accounting entity group. Select the accounting entity group and click Create on the Members tab. Specify this information: Accounting Entity Select an accounting entity to add to the group. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Account setup? [/INST] Account setup You must define all of the posting accounts and sub accounts that are used by the accounting entities in the finance enterprise group. You can define them individually, or you can upload them with Infor Spreadsheet Designer. You also have the option to upload with one action a chart hierarchy and all its associated accounts and sub accounts. .</s>
<s>[INST] In the context of INFOR Docs, tell me about System accounts? [/INST] System accounts System accounts are posting accounts that are used for system-generated entries. You define system accounts for the finance enterprise group that are shared by all accounting entities in the finance enterprise group. This table shows the system accounts that you can create: System accounts Description Retained Earnings The retained earnings account is used to hold the accounting entity's net income or net loss from its inception. This type of account is required for fiscal year end closing. Undistributed Retained Earnings The undistributed retained earnings account stores the net income or loss by period. This account is updated any time you post journal entries to the general ledger. When you run year-end closing, the amount in this account is cleared and posted to the retained earnings account. This type of account is required for fiscal year-end closing and journal posting. Note: The undistributed retained earnings account is included on the Balance Sheet to reflect the net income or loss for the period. This account keeps the Balance Sheet in balance. Error Suspense The error suspense account keeps an accounting entity in balance by balancing out-of-balance journal entries. Auto Balance If an accounting entity in your finance enterprise group uses the auto balancing option, you must define an auto balance account. Auto balance accounts are used to store report currency transactions that are not in balance and auto-balancing adjustment entries. Realized Gain Realized Loss or Realized Gain And Loss Realized gain and loss accounts are used to post realized gains or losses that result from currency revaluation of closed transactions. The closed transactions are posted to accounts that are defined to be subject to revaluation. If you do not use currency revaluation, you are not required to define these accounts. You can use the same account for both realized gain and realized loss. Zone Payables Zone Receivables or Zone Payables and Receivables You must define zone payables and zone receivables accounts if: Your finance enterprise group uses zone balancing for accounting units, or You finance enterprise group uses zone balancing for the first dimension in the finance structure These zone payable and receivable accounts are used to store balancing entries that are required to keep the zones in balance. You can use the same account for both zone payables and zone receivables. Inter Entity Payables Inter Entity Receivables or Inter Entity Payables And Receivables If you create inter entity relationships between your accounting entities, then you must define inter entity payables and inter entity receivables accounts. These accounts are used to store balancing entries that are required to keep the accounting entities in balance. You can use the same account for both inter entity payables and inter entity receivables. Translation gain Translation loss or Translation Gain and Loss Translation gain and translation loss accounts are used to post gains or losses that result from currency translation. If you do not use currency translation, you are not required to define these accounts. You can use the same account for both translation gain and translation loss. Unrealized gain Unrealized loss or Unrealized Gain and Loss The unrealized gain and loss accounts are used to post unrealized gains or losses that result from currency revaluation of open transactions. These transactions are posted to accounts that are defined to be subject to revaluation. If you do not use currency revaluation and translation for the finance enterprise group, then you are not required to define these accounts. You can use the same account for both unrealized gain and unrealized loss. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Posting accounts? [/INST] Posting accounts A posting account is an alphanumeric identifier that is used to post journal entries. A posting account can contain up to 15 characters. You can impose a pattern on the accounts by specifying an account general expression on the finance enterprise group. In this case, your account must be numeric. If you use sub accounts on the finance enterprise group, then you can define sub accounts that can be applied to multiple accounts. Posting accounts are selected in two scenarios: When a transaction is created or interfaced. When you select the posting accounts that are associated with a chart hierarchy. Each posting account can be associated with multiple charts. A chart does not have to use all of the accounts that are defined for the finance enterprise group. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating posting accounts for the finance enterprise group? [/INST] Creating posting accounts for the finance enterprise group Posting accounts are defined at the finance enterprise group level for all of the accounting entities that belong to the finance enterprise group. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Account tab. Click Create. Specify this information: Account Specify the account number. If you specified an account regular expression on the finance enterprise group, then you must follow the format of the regular expression. The account number may include a sub account, depending on the format your organization is using and whether the finance enterprise group uses the Use Sub Accounts option. Description Specify the account name. Chart Section Select the chart section that will use this account. Options are Balance Sheet or Income Statement. Account Type Select an account type. The account type must be valid for the chart section. Chart section Account type Balance Sheet Asset, Liability, Equity Income Statement Revenue, Expense Balance Sheet or Income Statement Stat Cumulative, Stat Non Cumulative Note: If Stat Cumulative or Stat Non Cumulative are selected, only units can be specified on the posting account. No amounts can be specified. Sub Type Select an account sub type to provide more detail to the account. Valid Sub Accounts If the Use Sub Accounts option is selected on the finance enterprise group, you can add sub accounts to this account. Add sub accounts by selecting this sub account group. Create Major Chart Account Select this check box to create a major chart account for this account. The major chart account can be assigned to one or more charts to use in posting transactions to the account. If you are using sub accounts and you do not want transactions posted to the major account, then clear this check box. Account In Chart To assign the new account to charts based on an account that already exists, specify the existing account number. In the chart hierarchy, a new chart account is created in each summary account where the existing account appears. Effective Date Specify the date on which the account takes effect. If this field is blank, then the current date is used. Future Changes This is a read-only field. This check box will be selected when there are future changes for the account. System Account If this account is a system account, then select the system account. Allow Units Select whether units are allowed and whether they are required. Select Not Required if units are allowed but not required in this account. Select Required if units are required in this account. Select No if units are not allowed in this account. Natural Balance Optionally, select whether the account is naturally a credit or debit account. This is in an information-only field. System Restriction To restrict the account to one or more system codes, select the custom group that includes the system codes that can use the account. To create a new custom group, click the arrow in the System Restriction field and click Create. If you do not restrict the account, then interfaced values from all system codes are accepted by the account. Require Project Select this check box if a project is required for this account. If a project is required for this account then the project dimension must be specified in the finance code block when this account is used. The value of this field is displayed on the chart account. Translation Code Select a translation code. If this field is blank, then the translation code default value is BS for Balance Sheet or IS for Income Statement. The value depends on the chart section that you select. Revalue Select Yes to revalue functional, alternate, or enterprise currency amounts for rate changes. Xbrl Tag If your finance enterprise group uses eXtensible Business Reporting Language (XBRL) standards, then you can specify an XBRL tag for the account. Currency Select the currency to restrict transactions using this account to a single currency. Interface In Detail Select the check box to interface this account in detail. Is Reconcilable Select this check box if the account is reconcilable. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Viewing and updating other account fields? [/INST] Viewing and updating other account fields Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Account tab. Select an account, then select Actions > Update. Update account information. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Sub accounts? [/INST] Sub accounts If you select the Use Sub Accounts option on your finance enterprise group, you can create sets of sub accounts that you can add to accounts. Sub accounts can be attached to accounts individually or by using a custom group. The same sub account can belong to multiple custom groups. Example LGE hospitals use sub accounts to track a variety of medical supplies. They use these sub accounts to track both inventory and revenue. LGE creates these sub accounts: Sub account Description 100 Non-prescription drugs 200 Prescription drugs 300 Needles 400 Lab supplies - swabs, glass 500 Disposal - tissues, gloves LGE creates a custom group named MEDICAL SUPPLIES that includes the previously defined sub accounts. LGE creates the custom group directly from the first account to which it wants the sub account group applied. Then the custom group can be used by any account. A custom group is a global entity that you use to dynamically build lists by applying criteria to a business class. For sub accounts, the business class is GeneralLedgerSubAccount. For the MEDICAL SUPPLIES custom group, these are the criteria: (GeneralLedgerSubAccount >= "100" and GeneralLedgerSubAccount <= "500") Note: This custom group leaves room to add more sub accounts at a later time. For example, sub account 450 would be part of this custom group. LGE applies the custom group to account 15100 Stock and Supplies and to each chart in which the account is included. In each chart in which the account is included, these accounts are added: 15100-100 15100-200 15100-300 15100-400 15100-500 LGE applies the custom group to account 41100 Hospital Sales with these results: 41100-100 41100-200 41100-300 41100-400 41100-500 .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating sub accounts? [/INST] Creating sub accounts If the Use Sub Accounts field is selected on the finance enterprise group, you can create sub accounts that can be attached to multiple accounts. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Sub Account tab. Click Create. Specify this information: Global Ledger Sub Account Specify the sub account. It can include up to 10 alphanumeric characters. A hyphen (-) prefix is included by the system when the sub account is added to the account. Description Specify a description for the sub account. Effective Date Specify the date on which the sub account takes effect. If this field is blank, then the current date is used. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Attaching sub accounts to accounts with a sub account group? [/INST] Attaching sub accounts to accounts with a sub account group If you use sub accounts, then you can attach a group of sub accounts to an account. You can also attach them to the charts that use the account. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Account tab. Open the account to which to add the sub accounts. If the sub accounts are not included in a sub account group, create the sub account group. Use these steps to crate the sub account group: In the Valid Sub Accounts field, click the arrow and click Create. Specify this information: Custom Group Specify the name and description of the custom group. Effective Date Specify the date that the custom group takes effect. The current date is the default. Business Class The GeneralLedgerSubAccount business class is displayed. If you create a sub account custom group outside of this form, then you must specify this business class. Condition Specify the criteria that must be met to be part of the sub account group. You can also use the Builder tool. For example, these criteria create a group of sub accounts 001 through 009: (GeneralLedgerSubAccount >= "001" and GeneralLedgerSubAccount <= "009") Click Save. In the Valid Sub Accounts field, select the group that includes the sub accounts to add to the account. Click Save. Click Create Sub Accounts. In the Account In Chart field, specify the account if it is already included in the chart. Otherwise, specify a like account that is included in the chart. You do this so that the sub accounts can be added to the same chart branch. Note: Do not specify a chart account if you plan on adding multiple new sub accounts to chart accounts at once. See Adding multiple new sub accounts to chart accounts. Click OK The sub accounts are added to every chart that includes the account that you selected in the Account In Chart field. Note: You can add sub accounts on the Sub Accounts tab. If you add a sub account that fits in a custom group that is assigned to an account, then the Create Sub Accounts button is available. You can include the added sub account to any chart that includes the account. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Attaching sub accounts? [/INST] Attaching sub accounts You can attach sub accounts to a specific account without using a custom group. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Accounts tab. Open the account for which to add the sub accounts. Click the Sub Accounts tab to view the existing sub accounts. Select the sub account or sub accounts to attach to the account in a chart of account. Select Actions > Create Chart Account Specify this information: Add To Charts Where Account Exists To add the selected sub accounts, specify the account if it is already included in the chart. You can also specify a like account so that the sub accounts can be added to same chart branch. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Adding multiple new sub accounts to chart accounts? [/INST] Adding multiple new sub accounts to chart accounts Use this procedure to create chart accounts for multiple new sub accounts at once. New chart accounts are created for any account that includes the specified sub accounts group and for which the Like Chart Account field has a value. A chart account is created for the new sub accounts in each summary account where the like chart account appears. Sub accounts must already be created. See Creating sub accounts. Sub accounts must already be attached to one or more accounts using a new or existing sub accounts group. When including new sub accounts in an exiting or new sub accounts group, do not specify a value for Account In Chart. If updating an existing sub accounts group, make sure the condition captures the new sub accounts. See Attaching sub accounts to accounts with a sub account group. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Account tab. For any accounts that include a group with new sub accounts for which you want to create chart accounts, there must be a value in the Like Chart Account field. This value is used when creating chart accounts. For example, if an account 10002 has a Like Chart Account value of 10002 , a chart account is created in the chart hierarchy where account 10002 exists for any new sub account. Use one of the following methods to populate the Like Chart Account field: Manually update the Like Chart Account field for one or more applicable accounts. This method is desirable if there are accounts that should not have a Like Chart Account value. Auto-populate the Like Chart Account field of all accounts that do not currently have a value. Select Actions > Populate Like Chart Account Verify the values and update any values as required. This action populates the Like Chart Account field with the value of the first existing related general ledger chart account. Note: The account and the like chart account must have the same Chart Section value. Select Actions > Build Sub Accounts For Group. Select the valid sub account group in the Valid Sub Accounts Group field and click OK. For any account that includes the specified valid sub accounts group and has a Like Chart Account value, new chart accounts are created for any missing sub account combinations. New chart accounts are created in the chart hierarchy where the like chart account exists. If the like chart account only exists in the _UNUSED_ chart, the new chart account is created in the _UNUSED_ chart. If the valid sub accounts group contains more than 25 sub-accounts, the Build Sub Accounts For Group action starts an Async action for each account that includes the valid sub accounts group. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Propagating unused sub accounts? [/INST] Propagating unused sub accounts Use this procedure to find accounts that have a valid sub accounts group but no corresponding general ledger chart account records. This action creates the general ledger chart account record for the account and sub account combination. This action does not add the accounts to charts. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Sub Account tab. Select Actions > Propagate Unused Sub Accounts. Select the finance enterprise group and click OK. Sub accounts are added according to group if they have been defined on the accounts. The resulting account can be added to the charts. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Inter-entity netting setup? [/INST] Inter-entity netting setup Netting of inter-entity payable and receivable accounts is a process to help monthly reconciliation. The process can be run as needed and will generate the appropriate journal entries by entity. These are features of inter-entity netting: Inter-entity journals are an arrangement between the accounting entities in a finance enterprise group where each accounting entity shares revenue and expenses. Inter-entity netting is the offsetting of accounts receivable and accounts payable between two accounting entities owned by the same finance enterprise group. It reduces credit and settlement risk. Journal entries are automatically generated for the selected accounting entity parameter at the time that the inter-entity netting process is initiated. You can select sub accounts or dimensions for netting inter-entity journals. Select the sub account or dimension on the Inter Entity Dimension field on the Options tab of the finance enterprise group. System accounts must be created for inter-entity Payables and inter-entity Receivables to use inter-entity netting. See System accounts. Create an accounting entity relationship between the required accounting entities to create inter-entity journals. If an inter-entity dimension is selected as the Sub Account , then you must select the respective sub account values for the sub account. Select the Create Reverse Relation check box to create the reverse relation. See Creating accounting entity relations. Note: If you select the Entity Dimension option as Dimension 1-10, the value should already exist before creating the relationship. These fields and accounts are affected by the inter-entity netting process: A Netting Journal Approval check box is available on the Options tab of the finance enterprise group. If the check box is selected, Approval Code will become a required field when running the Inter Entity Netting action. If the check box is cleared, the Approval Required check box will be displayed when running the Inter Entity Netting action. If the Approval Required check box is selected, Approval Code is displayed. Inter-entity netting journals must use the functional amount. If the inter-entity Payables account is greater than the inter-entity Receivables account, then the journal would use the amount from the inter-entity Receivables account. The transactions would be a credit to inter-entity Receivables and a debit to inter-entity Payables. If inter-entity Receivables is greater than inter-entity Payables , then the journal would use the amount from the inter-entity Payables account. The transactions would be a credit to inter-entity Receivables and a debit to inter-entity Payables. If the accounts are equal, then the journal would use the amount from the inter-entity Payables account. The transactions would be a credit to inter-entity Receivables and a debit to inter-entity Payables. A separate journal is created for each accounting entity and includes all the transactions for each inter-entity relationship. The Transaction Date is set to the inter-entity netting batch job run date. The Total is based on the core ledger and user-defined ledgers. Required dimensions have the default dimension values. The System Code is GL and the Event Code is CB. The netting journal post date is the period end date. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Running inter-entity netting? [/INST] Running inter-entity netting Select Financials > Global Ledger > Processing > Journal > Inter Entity Netting. Specify this information: Accounting Entity Option Select whether the inter-entity netting will be for all accounting entities, a single accounting entity, or an accounting entity group. Accounting Entity If you selected Single for the Accounting Entity Option , select an accounting entity. Accounting Entity Group If you selected Group for the Accounting Entity Option , select an accounting entity group. Period Option Select whether the inter-entity netting will be for a specific period or all periods. Period If you selected Specify Period for the Period Option , select a period. Approval Required Select this check box if approval is required. Journals will be created with a status of Posted unless this check box is selected. Journals with approval required will be created with a status of Waiting Approval. Journals with approval required will be created with a status of Released if the journal amount is within the approval limit. Approval Code If the Approval Required check box is selected, select an approval code. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Verifying inter-entity netting? [/INST] Verifying inter-entity netting After running the inter-entity netting process, you can verify that the journal entries were created correctly. Select Financials > Global Ledger > My Reports > Accounting Entity Payables And Receivables. Select the Totals tab. Verify that the functional totals for the inter-entity Payables and Receivables accounts are correct based on the options you selected for the inter-entity netting process. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Inter entity netting examples? [/INST] Inter entity netting examples See Running inter-entity netting for details about the inter-entity netting process. See Verifying inter-entity netting for details about the inter-entity netting totals. Example 1 The Approval Required check box was selected. The journal should go through approval even if the accounting entity has not been enabled for approval. Accounting Entity: 100 System account for inter-entity Receivables : 108010 System account for inter-entity Payables : 211010 Enabled inter-entity dimension: Sub Account Totals: Table 1. Accounting entity 100 Account Functional amount Journal amount New functional amount 108010-105 18000 (13000) 5000 211010-105 (13000) 13000 0 The inter-entity netting process is run for accounting entity 100 with a Period and Approval Code specified. A journal is created in a Pending Approval state with the updated inter-entity Payables amount. The Post Date should be the month end date and the Transaction Date should be the date that the inter-entity netting process was run. After the balancing journal is approved, the status is Released You can post the released journal and the status is Posted. Example 2 The Approval Required check box was cleared and no sub account was selected. The journal should not go through approval even if the accounting entity has been enabled or approved. Accounting Entity: 101 System account for inter-entity Receivables : 100-009 System account for inter-entity Payables : 100-0010 Totals: Table 2. Accounting entity 101 Account Functional amount Journal amount New functional amount 100-009 3041.72 (2100) 941.72 100-0010 (2100) 2100 0 The inter-entity netting process is run for accounting entity 101 with the Period field specified. A journal is created in a Released status with the updated inter-entity Payables amount. Example 3 The Approval Required check box was selected, but the journal amount was within the approval limit. The journal should not go through the approval process and be created with a status of Released. Accounting Entity: 105 System account for inter-entity Receivables : 108010 System account for inter-entity Payables : 211010 Enabled inter-entity dimension: Sub Account Totals: Table 3. Accounting entity 105 Account Functional amount Journal amount New functional amount 108010-100 28000 (18000) 10000 211010-100 (18000) 18000 0 The inter-entity netting process is run for accounting entity 105 with a Period and Approval Code specified. A journal is created with a Released status using the updated inter-entity Payables amount because the amount was within the approval limit. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Chart of accounts setup? [/INST] Chart of accounts setup You can define any number of charts of accounts that are required to create your financial reports. A chart of accounts is a hierarchical structure of posting and summary accounts. A chart hierarchy is used in the reporting structure for financial reports. A chart is associated with a reporting basis. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Chart of accounts? [/INST] Chart of accounts A chart of accounts is a list of accounts you use to organize your accounting records. It is made up of balance sheet accounts (assets, liabilities, and equity) and income statement accounts (income and expenses). The balance sheet and income statement accounts are made up of summary and posting accounts. The chart of accounts is used to post journal entries and to summarize global ledger information for reports and inquiries. The account numbers and descriptions you define are reflected in your balance sheets, income statements, and other reports and inquiries. Posting accounts roll up into summary accounts to provide totals. Note: If you use Chart Account Security Groups, changes to the structure require a rebuild of the affected security groups. See the Financials & Supply Management User and Security Administration Guide. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating charts of accounts? [/INST] Creating charts of accounts Create a hierarchical chart that represents the structure of the financial reports that you want to produce, and associate posting accounts to appropriate levels. You can create multiple charts for multiple reporting bases. One chart of accounts must be an enterprise chart that is used as the default when a chart is not selected. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Click Create. Specify this information: Chart Specify the chart name. Description Specify the chart description. Effective Date Specify the effectivity date of the chart. If you leave this field blank, then the current date is used. Enterprise Chart If you want this chart to be the enterprise chart for the finance enterprise group, then select this check box. Click Save. The Hierarchy tab is now available. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating chart hierarchies? [/INST] Creating chart hierarchies The chart hierarchy provides headers and account containers for the sections that are included in your financial reports. You can manually create the hierarchy, or you can upload the hierarchy and its associated accounts and sub accounts from a spreadsheet. These steps describe the manual process. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open a chart and click the Hierarchy tab. Click Create. Specify a Summary Account name and Description. Note: When you create a summary account, the system automatically adds the structure number and an underscore to the beginning of the summary account name to allow it to be used in multiple structures. For example, if you name the summary account "ASSETS" the system saves it as "1_ASSETS" in the first structure created. This reduces the allowed number of characters for the summary name. If you enter a summary name that takes the entire available field size, the system removes characters at the end of the summary name value when prepending the structure number. Specify this information: New Display Order To change the current display order, specify the new display order number. After saving, this becomes the display order. Chart Section Select the chart section to which the summary account belongs. Account Type Select the account type. An account type must be valid for the chart section. Effective Date You can specify the date that the account becomes effective. If this field is blank, then the current date is used. Future Changes This is a read-only field. This check box will be selected when there are future changes for the summary account. Translation Code Select the translation code. Note: This field is displayed only if the Currency Revaluation And Translation check box is selected during finance enterprise group setup. Revalue Select this check box to have the transactions associated with this summary account revalued. Note: This field is displayed only if the Currency Revaluation And Translation check box is selected during finance enterprise group setup. Xbrl tag If your finance enterprise group uses the eXtensible Business Reporting Language (XBRL), then you can specify an XBRL tag for the account. Click Save. After saving the summary account, new fields are displayed. The default value of the Display Account field is the Summary Account name that you specified. Specify a new name to change the displayed name of the account. The Summary Account field cannot be changed. The option to specify Summary Chart Account Maintenance is available. Using this feature, you can select a business class group if you want posting records that meet the criteria to automatically become children of the summary account. If you use budget edit, you can specify a Budget Identifier to assign to the summary account. The identifiers are used in budget edit templates. If you create a balance sheet summary account, the option to specify a Close To Account is available. Use this to define that account to which the balance will be moved when the year is closed. If you use multiple currencies, you can select the Currency Account tab to override the unrealized gain loss accounts or the translation gain loss accounts. The default value is the system-defined unrealized gain loss and translation gain loss accounts. This tab is displayed only if the Currency Revaluation And Translation check box is selected during finance enterprise group setup. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Summary accounts modification? [/INST] Summary accounts modification Information that is defined when creating summary accounts can be modified. These fields cannot be edited after the summary account is created: Account , Chart Section , and Chart Type. Summary account modifications are automatically made to the child records at all levels. For example, if you select the Revalue check box, the child records at all levels for the summary account are changed. These modifications are made to the child records at all levels: Main tab Translation Code , Revalue , Close To Account , and Xbrl Tag Currency Account tab The unrealized gain, unrealized loss, translation gain, and translation loss accounts. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Attaching posting accounts to a chart? [/INST] Attaching posting accounts to a chart After you create your chart hierarchy, you can attach accounts to any branches on the hierarchy. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open the chart and click the Hierarchy tab. Select a summary account and click Add Posting Account. Select the accounts to add and click Add Posting To Summary. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Modifying posting accounts within a chart? [/INST] Modifying posting accounts within a chart You can modify some fields on posting accounts to be specific to the chart. These modifications override the setting that is made on the finance enterprise group account. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open the chart and click the Hierarchy tab. Open an account. Specify this information on the Main tab: Include In Budget Edit Change the currency accounts that are used to post unrealized and translation currency gains and losses to be specific to the chart. To select this check box for multiple accounts, see Setting include in budget edit for multiple accounts. Translation Code If customized translation codes have been created, a different code can be assigned to be the code used for translations on a reporting basis when this chart is assigned. Revalue A posting account revalue flag can be changed to be specific to the chart. Xbrl Tag The XBRL tag defined with a specific value for the chart. Close To Account Posting accounts may be closed to a specified posting account during the year end close process. For balance sheet accounts, you can select another balance sheet posting account, including a retained earnings account or sub account to close to. For income statement accounts, you can select a retained earnings sub account to close to. If this field is blank for an income statement posting account, then it will close to the system retained earnings account. Is Gain Loss Account Select this check box if the account is a gain or loss account for this chart. On the Currency Account tab, change the currency accounts. Change the accounts that are used to post unrealized and translation currency gains and losses to be specific to the chart. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Moving posting accounts within a chart? [/INST] Moving posting accounts within a chart You can move accounts from one chart branch to another. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open the chart and click the Hierarchy tab. Select the account, then select Actions > Move. Specify this information: New Parent Select the new parent account. Retain Default Values Select this check box to keep the default values that the account inherited from the current parent. If you do not select this check box, the account inherits the default values of the new parent account. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Removing accounts from a chart? [/INST] Removing accounts from a chart You can remove accounts from a chart of accounts. The removed accounts are still available to attach to any chart. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open the chart and click the Hierarchy tab. Select the posting account, then select Actions > Remove From Chart. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Removing branches from a chart? [/INST] Removing branches from a chart You can remove summary accounts and their related children from a chart of accounts. The removed accounts are still available to attach to any chart. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open the chart and click the Hierarchy tab. Select the summary account, then select Actions > Remove Branch. Click Yes to confirm. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Attaching unused posting accounts? [/INST] Attaching unused posting accounts You can view all of the posting accounts that are not used by any chart of accounts and attach them to a chart. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Chart Account Compare. On the Accounts Not Used In Chart section, select the account and click Actions > Add Posting Account To Chart. Specify this information: Chart Select the chart to add the account to. Parent Account Select the summary account chart to add the posting account to. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Adding accounts to multiple charts? [/INST] Adding accounts to multiple charts You can add a posting account to any chart where a specified account currently exists. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open the chart and click the Hierarchy tab. Select a posting account, then select Actions > Add Account To Charts. Specify this information: Account In Chart Select the posting account to look for in additional charts. Where the account you specify exists, the account selected will be added to the existing charts. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Rebuilding display accounts? [/INST] Rebuilding display accounts If a posting account is missing a display account description, you can rebuild the Display Account field. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open the chart and click the Hierarchy tab. Select Actions > Rebuild Display Account. Select the Finance Enterprise Group. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Resequencing accounts? [/INST] Resequencing accounts After adding new accounts or changing the display order, adjusting the display may be required for the correct sequence. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open the chart and click the Hierarchy tab. Select Actions > Resequence Peers. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Copying a chart? [/INST] Copying a chart You can use an existing chart hierarchy to create a new chart hierarchy and then make changes to the new chart. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Select a chart to copy. Select Actions > Copy Chart. Specify this information: New Chart, New Description Specify a chart name and description. Make New Chart Active Select this check box to activate the new chart. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Exporting chart hierarchies? [/INST] Exporting chart hierarchies You can export a chart hierarchy for ease of maintenance. For example, modifying descriptions or creating a hierarchy for reporting. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Select a chart to export. Select Actions > Export To Upload. To filter the elements that are exported, you can specify a Custom Group , Summary Account , or Posting Account. Click OK. Modify the records to prepare them for upload. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Uploading chart hierarchies? [/INST] Uploading chart hierarchies You can only upload chart hierarchies if they have already been copied to the Upload tab. You can copy them by exporting or updating the hierarchies from an existing chart. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open a chart and click the Upload tab. Select Actions > Upload Hierarchy. Select the Retain Default Values On Move check box to retain the default values. Click OK. The hierarchies are uploaded to the appropriate chart hierarchy. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Deleting chart upload records? [/INST] Deleting chart upload records You can delete upload records in the Upload tab of a chart. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open a chart and click the Upload tab. Select Actions > Delete Upload Records. Click Yes to confirm. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Setting include in budget edit for multiple accounts? [/INST] Setting include in budget edit for multiple accounts Use this procedure to select or clear the Include in Budget Edit check box for all posting accounts that are children of the same summary account. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open a chart and click the Hierarchy tab. Select a summary account and select Actions > Set Include Budget Edit On Posting Accounts. From the Include or Exclude list, select Include to select the Include in Budget Edit check box for all posting accounts. Select Exclude to clear the Include in Budget Edit check box for all posting accounts. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Currency accounts for revaluation and translation? [/INST] Currency accounts for revaluation and translation Currency gain/loss default accounts, also known as currency accounts, are required for currency revaluation and translation. Currency accounts are defined as part of the System Accounts setup. You must have at least one account for unrealized gain and loss, and one account for translation gain and loss. You can use separate accounts for gain and for loss. Currency accounts are used in each chart of accounts. Summary and posting accounts can be overridden depending on your reporting basis requirements Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open the chart and click the Hierarchy tab. Open the account to change the currency account. On the Currency Account tab, update the accounts used for revaluations and translations for this chart. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Setting a gain loss account? [/INST] Setting a gain loss account The Is Gain Loss Account field is only found in the chart. Select the field for the accounts representing the unrealized gain loss accounts and the translation gain loss accounts. This can be set manually or with the Set Currency Account Flag action. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Chart tab. Open the chart and click the Hierarchy tab. Open the posting account that you want to set as the gain loss account. On the Main tab, select the Is Gain Loss Account check box. Click Save. On the chart, select Actions > Set Currency Account Flag This field will be selected for accounts defined as unrealized gain lost accounts and translation gain loss accounts found on the Currency Account tab. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Dimension structure and hierarchy setup? [/INST] Dimension structure and hierarchy setup For each user dimension that you include on your finance enterprise group, you must create at least one dimension structure. Create a dimension hierarchy within that structure. Structures If you include dimensions in your finance structure, then you must create at least one dimension structure and dimension hierarchy for each dimension. You can create multiple dimensions structures for each dimension. One must be an enterprise dimension that is used as the default dimension structure for that dimension on reporting bases. Unlike accounting unit structures, dimension structures are not shared among dimensions. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Dimension structures? [/INST] Dimension structures If you include dimensions in your finance structure, then you must create at least one dimension structure and dimension hierarchy for each dimension. You can create multiple dimensions structures for each dimension. One must be an enterprise dimension that is used as the default dimension structure for that dimension on reporting bases. Unlike accounting unit structures, dimension structures are not shared among dimensions. To view the dimension structures for each dimension, select Financials > Setup > Finance Enterprise Group > Structure Compare For each dimension and structure, you can view the structure's hierarchy and the reporting bases that use the structure. You must create at least one dimension structure for each of the dimensions that are defined for your finance enterprise group. One structure in each dimension must be the enterprise structure. The enterprise structure is used as a default on reporting bases. Note: Finance dimensions that are included in security groups are displayed with a notification symbol and hoover text saying Structure is used in a security group You can select DrillAround > Used in Security Groups to view information about the security group of which the selected structure is a member. Changes to the structure of Finance Dimension Security Groups require a rebuild of the affected security groups. See the Financials and Supply Management User and Security Administration Guide. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating dimension structures? [/INST] Creating dimension structures Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the tab for the dimension that you defined. Click Create. Specify this information: Structure Specify the name and description of the dimension structure. Description Specify a description for the dimension structure. Enterprise Structure Select this check box if this is the enterprise structure. The enterprise structure is the default structure for the dimension on reporting bases. Each dimension must have an enterprise structure. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Copying dimension structures? [/INST] Copying dimension structures You can copy a dimension structure and its hierarchy. The structure is copied to the same dimension. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the tab for the dimension that you defined. Select the dimension structure to copy. Select Actions > Copy Structure. Specify this information: New Structure Specify the name of the new structure. New Description Specify a description for the new structure. Make New Structure Active Select the check box to make the new structure active. Click OK The structure is created in the same dimension. If a hierarchy exists in the copied structure, then the hierarchy is also copied to the new structure. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Dimension hierarchies? [/INST] Dimension hierarchies For each of the user dimensions and dimension structures that you specify for your finance enterprise group, you must define a hierarchy of dimension values. Your dimension structure hierarchy can include an unlimited number of levels. If zone balancing is selected for your user dimension 1, you can create zones at any level of your hierarchy. All dimension names are user-defined. All dimensions hierarchies are built in the same manner, with additional tasks for the first dimension, if it uses zone balancing. In this topic, dimension refers to the name you have specified for your dimension. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating dimension hierarchies? [/INST] Creating dimension hierarchies Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the tab for the dimension that you defined. Open the structure for which to create a hierarchy. Click the Hierarchy tab. Click Create. Specify this information: Dimension Type Select the dimension type. If you select Posting , then you cannot create a child dimension for this dimension. Dimension Specify a name of the top level in your dimension hierarchy. Note: When you create a summary dimension, the system automatically adds the structure number and an underscore to the beginning of the summary dimension name to allow it to be used in multiple structures. For example, if you name the summary dimension "NW REGION" the system saves it as "1_NW REGION" in the first structure created. This reduces the allowed number of characters for the summary name. If you enter a summary name that takes the entire available field size, the system removes characters at the end of the summary name value when prepending the structure number. Description Specify a description for the dimension. Effective Date You can specify the date on which the structure takes effect. If this field is blank, then the current date is used. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating child dimensions? [/INST] Creating child dimensions The name of the Dimension tab will change depending on what you named the dimensions when setting up your finance enterprise group. Select Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Dimension tab. Open the structure for which to create a hierarchy. Click the Hierarchy tab. Right-click the dimension under which to create another dimension and select Create Child Dimension. Specify this information: Dimension Type Select the dimension type. If you select Posting , then you cannot create a child dimension for this dimension. Dimension Specify the dimension name. For example, JAPAN can be the child dimension of ASIA. You cannot change the name after you save the dimension, although you can change the description. Description Specify a description for the dimension. System Dimension This check box is available if this is a posting level dimension and if no other dimension has been selected as the system dimension. Select this check box to make this dimension the system dimension. The system dimension must be a posting dimension. The system dimension cannot be a zone dimension, or the child of a zone dimension. It can be the same dimension as the enterprise zone dimension if zone balancing is used. We recommend that you create a system dimension for processes where the system dimensions are used, for example, the retained earnings process. Budget Identifier If you are required to budget edit, then budget identifiers can be assigned to summary accounting units. The identifiers are used in budget edit templates. This field is only available if the dimension type is Summary. Address Code Select an address code for the dimension. Effective Date Specify the date on which the dimension takes effect. If this field is blank, then the current date is used. Is A Zone, Zone Dimension , Default Zone Dimension , Enterprise Zone Dimension If zone balancing is used, then specify the information in these fields. Note: A child dimension cannot be an enterprise zone dimension. Click Submit. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Moving dimensions? [/INST] Moving dimensions The name of the Dimension tab will change depending on what you named the dimensions when setting up your finance enterprise group. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Dimension tab. Open the dimension structure and click the Hierarchy tab. Right-click the dimension to move and select Move. Select the new parent dimension in the New Parent Dimension field. Click OK. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Exporting dimension hierarchies? [/INST] Exporting dimension hierarchies You can export a dimension hierarchy for ease of maintenance. For example, modifying descriptions. The name of the Dimension tab will change depending on what you named the dimensions when setting up your finance enterprise group. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Dimension tab. Select the dimension structure and select Actions > Export To Upload. Specify the Run Group name. To refine the elements that are exported, you can specify a Custom Group or Dimension Type. Click OK. Modify the records to prepare them for upload. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Uploading dimension hierarchies? [/INST] Uploading dimension hierarchies You can only upload dimension hierarchies if they have already been copied to the Upload tab. You can copy them by exporting or updating the hierarchies from an existing dimension structure. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Dimension tab. Note: The actual name of this tab is the label that is assigned to the dimension on the finance enterprise group. Open the dimension structure and click the Upload tab. Select Actions > Upload Hierarchy. Specify the Run Group and click OK. The hierarchies are uploaded to the appropriate dimension structures. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Comparing structures? [/INST] Comparing structures Select Financials > Global Ledger > Setup > Finance Enterprise Group > Structure Compare and select the dimension structure you want to compare. Select a structure in the dimension structure pane in the upper left of the Structure Compare window. For example, Accounting Unit Structures or Grants Structures. In the Structure Compare window, the dimensions associated with the structure are displayed. In the Basis Using Structure pane, the reporting bases that are using the structure are displayed. All the dimensions not used in the structure are displayed in another pane. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Global Ledger companies and company groups? [/INST] Global Ledger companies and company groups The purpose of a Global Ledger company is to relate a subsystem company to an accounting entity. One or more Global Ledger companies can be related to a single accounting entity. The Global Ledger company does not have any part in calendar or chart definition. A company is a bridge from the subledgers, which operate by company, to Global Ledger. For example, when a Payables invoice is created within a company, the association to accounting entity is used to determine where the transactions belong. The company is an operational tool, although all of the accounting occurs within an accounting entity. A company group is a list of sub ledger companies that can be used for any accounting or organizational purpose. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating global ledger companies? [/INST] Creating global ledger companies Select Financials > Global Ledger > Setup > Global Ledger Company. Click Create. Specify this information: Company Select an existing enterprise company. Name The name of the enterprise company is the default value. You can override this value. Vendor Business Group Select the vendor business group associated with this company. Customer Business Group Select the customer business group associated with this company. Accounting Entity Select the accounting entity for this company. Intercompany Billing Select this check box to use intercompany billing. Cash Ledger Auto Transaction Numbering Select this check box to set up automatic transaction numbering. See Creating auto transaction numbers for cash ledger Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating global ledger company groups? [/INST] Creating global ledger company groups Select Financials > Global Ledger > Setup > Global Ledger Company Group. Click Create. Specify this information: Company Group Specify a name for the company group. Description Provide a description. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Adding companies to a company group? [/INST] Adding companies to a company group Select Financials > Global Ledger > Setup > Global Ledger Company Group. Open a company group. On the Companies tab, click Create. Select a Company and click Save or Save and New Repeat until all the companies for the company group have been added. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating system controls for global ledger companies? [/INST] Creating system controls for global ledger companies System controls can be created for each subsystem that posts a journal entry to Global Ledger Each system code represents a subsystem that transfers transactions to Global Ledger For each global ledger company and subsystem, you can override the currency rate and set closing controls. Select Financials > Global Ledger > Setup > Global Ledger Company. Open a company record On the Company System Closing Control pane, Click Create. Specify this information: System Select a system code. In the Override Currency Table section, specify this information: Currency Table Select a value to override rate table that is assigned to the Finance Enterprise Group for journal entries that originate in the selected system. In the Closing Control section, specify this information: Control If you select this check box, the subsystem period must be closed before the period can be closed. Select this check box only if you selected one of these System codes: AP , AR , BL , PO , IC, AM , CB , FR , and LM. System codes CA , GL , PS , and RJ system closing controls must be defined in the Accounting Entity record. Valid Begin Date Select a beginning date for the date range of transactions. Valid End Date Select an ending date for the date range of transactions Open Period Specify the number of open periods to include for transactions. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Miscellaneous finance enterprise group setup? [/INST] Miscellaneous finance enterprise group setup For each user dimension that you selected for your finance enterprise group, you must select a dimension structure. You can also define your own system codes and event codes. You can create relations between elements of your finance structure and define validation rules for each relation. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating posting categories? [/INST] Creating posting categories A posting category is an attribute that is associated with one or more accounting entities for posting purposes, so that they can be processed together. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Posting Category tab. Click Create. Specify the Posting Category name and Description. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating a system code? [/INST] Creating a system code System codes are automatically loaded on your system. Each Financials & Supply Management subsystem has a system code. The system code is used to identify the subsystem from which a transaction originated. You can create additional system codes to identify third-party subsystems that interface with Global Ledger. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the System Code tab. Click Create. Specify this information: System Code Specify the system code name using two alphanumeric characters. Description Specify the system code description. Effective Date You can specify the date on which the system code becomes effective. If this field is blank, then the current date is used. Click Save The system code is created with a record type of user. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Updating automatic system codes? [/INST] Updating automatic system codes System codes created for new releases can be updated with an action. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open a finance enterprise group. Select Actions > Update System Codes. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Events? [/INST] Events Events are automatically loaded on your finance enterprise group. An event identifies an action that triggers the automatic creation of a general ledger transaction. Examples of events that can automatically create a transaction include an expense distribution (ED), a vendor payment (AP), or a currency translation (CT). You can also create events to flag transactions that are triggered by a third-party system. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating an event? [/INST] Creating an event Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Event tab. Click Create. Specify this information: Event Specify the event name using two alphanumeric characters. Specify the event description. Primary System Select the primary system code. Effective Date You can specify the date on which you want the event to take effect. If you leave this field blank, then the current date is used. Click Save The event is created with a source type of user. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Updating automatic event codes? [/INST] Updating automatic event codes Event codes created for new releases can be updated with an action. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open a finance enterprise group. Select Actions > Update Event Codes. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Ledger setup? [/INST] Ledger setup A ledger contains transactions specific to a reporting basis. Ledgers participate in a basis and can be shared by multiple bases. You can create an unlimited number of ledgers. For example, budgetary, tax, localized, audit, and operational adjustments. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating ledgers? [/INST] Creating ledgers You can create an unlimited number of ledgers. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Ledger tab. In the Ledgers pane, click Create. Specify this information: Ledger Specify the name and description of the ledger. Effective Date Specify the date on which the ledger takes effect. If this field is blank, then the current date is used. Elimination Ledger Select this check box if this ledger is an elimination ledger. You can assign it to an entity relation. When an inter-entity journal is selected for elimination and is released, a corresponding transaction is created in the same journal in the elimination ledger. If you select this check box, then you must add the ledger to a reporting basis. This check box is available only if the Enable Related Party Elimination check box is selected on the Options tab. Click Save. .</s>
<s>[INST] In the context of INFOR Docs, tell me about Reporting basis setup? [/INST] Reporting basis setup You must create a reporting basis and assign entities and ledgers which create period status records. The valid relationships between ledgers and entities must be created before transactions can be created. Reporting basis is also required to generate financial statements. A reporting basis consists of the accounting elements required to produce financial reports that adhere to specific accounting standards. For example, GAAP, IFRS, or local standards. A reporting basis can also be used to generate internal financial reports that are used to make budgetary, management, and operational assessments. A reporting basis includes these elements: One or more ledgers. The ledgers included in the reporting basis: The core ledger. Generated when you create the finance enterprise group. The close ledger for the reporting basis. Generated automatically when you create the reporting basis. The currency ledger for the reporting basis. Generated automatically if any of the accounting entities use a currency ledger Other ledgers specifically defined for the reporting basis, such as elimination entries ledgers and adjusting entry ledgers. One or more accounting entities A calendar and a year A chart All transactions that are posted for ledgers and accounting entities within the reporting year are used to create financial reports for the reporting basis. The financial reports that are generated for a reporting basis include only transactions that share all of these elements: The posting account for the transaction must be associated with the chart used by the reporting basis. The transaction must be associated with one of the ledgers for the reporting basis. The transaction must be associated with one of the accounting entities for the reporting basis. The date of the transaction must be within the calendar dates on the reporting basis. Reporting basis examples This table shows examples of reporting bases with their associated ledgers and accounting entities: Reporting basis Core ledger User-defined ledger User-defined ledger System-generated ledger Operational Core Entities 100-500 Core Close C GAAP Core Entities 100-500 C GAAP Elimination C GAAP Adjusting Entries C GAAP Close CAD Tax Core Entities 100-500 C GAAP Elimination CAD Tax Adjusting Entries CAD Tax Close US GAAP Core Entities 200-299 US GAAP Elimination US GAAP Adjusting Entries US GAAP Close Japan Local Core Entities 300-399 Japan Local Adjusting Entries Japan Local Close .</s>
<s>[INST] In the context of INFOR Docs, tell me about Creating reporting bases? [/INST] Creating reporting bases You can customize your financial reports by creating a reporting basis for each report variation that is generated by your organization. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance. Open the finance enterprise group and click the Reporting Basis tab. In the Reporting Basis pane, click Create. Specify this information: Reporting Basis Specify the name and description of the reporting basis. Is A Budget Basis Select this check box if the reporting basis is used for budgets. There can be multiple reporting bases with this setting. Use For Budget Edit If you selected the Is A Budget Basis check box, select this check box to use the reporting basis for budget edits. Chart Select the chart that is used by the reporting basis. Accounting Unit Structure If your finance enterprise group includes accounting units, then the accounting unit enterprise structure is displayed. You can select a different structure for the reporting basis. Project Structure If your finance enterprise group includes projects, you can specify a different structure for the reporting basis. [Dimension] Structure For each dimension that is included in your finance enterprise group, you can specify a different structure for the reporting basis. Global Ledger Calendar Select the Global Ledger calendar that is used by the reporting basis. Basis Year Select the year for which the reporting basis generates reports. The calendar must have periods defined for that year. Average Daily Balance Select this check box to calculate interest for the reporting basis using average daily balance. Assign Journal Reference Select this check box to create a system-generated journal reference number to track all posted journals in Global Ledger The reference number is sequential based on the posting date. Reset Numeric Sequence If you selected the Assign Journal Reference check box, select how the journal reference number is reset. Journal Reference Format If you selected the Assign Journal Reference check box, provide the format of the journal reference number that will be displayed on the Global Ledger Journal Reference report. Generate Year End Journals Select this check box to provide the source documents to back up the Year End Close process that generated the year-end and beginning balances. Process Retained Earnings Select this check box to process retained earnings for the reporting basis. Click Save. .</s>