Accounts/COA
where the account format of 10# is set
What is Chart of Accounts Chart tab
A company have a maximum of 20 of these, but only 9 on a ledger.
What are dimension types
Used to filter open items for auto proposals
What are payment methods
The maximum number of ledgers in a core model
What is 10
This function enables user to enter transactions directly into the General Ledger
What is a journal entry
Automatically determines if there is a gain or loss on multi currency transactions
What is Automatic variance
Dimension types can have an unlimited amount of these.
What are dimension analytics (values)
This function is used to create the checking account where payment/receipt transcation must be recorded.
What are bank accounts
This function determines what ledgers is used and what currency that ledger is.
What is the account core model
These functions are used to enter non inventory invoices for BP partners
What are Customer and Supplier BP invoice
This links payments automatically to open items
What is matachable
This function links dimension types to Business Partners
What is default dimensions
What is the US vs European discount
Use this function to define the various types of journals that can be used when posting to the General Ledger
What is the document type
This function converts journals to final status
What is Final validation
When building a chart of accounts, this provides a label when entering data in entry lines
What is the column header in Chart tab
This function determines where to pull default dimension values
What is default dimension values
Customers and Suppliers are classified as these
What are Business Partners
Journals are created and grouped based on their nature (sales journals, purchase journals, cash journals etc.).
What are journal codes
This function is used to receive or issue payments for open items
What is Payment/Receipt Entry
This account flag determines if A/P, A/R, accounts can be created
What is the control accounts flag
This function is used to see Analytical Account balances
What is Dimension Balance inquiry
It is used to define the structure of the accounting entry generated upon payment posting.
What is the Payment Attribute
A legal division where movements of data are recorded and processed in a ledger to provide legal and financial reports.
What is a company and/or a financial site
This function creates a company's month end financials reports
What is FDE Financial Data Extraction