Creating Receivables companies

The company must already exist in Global Ledger.

Customer Group

Select a customer group. A customer group can be associated with multiple companies to enable intercompany cash application and reporting.

Multiple Currency Processing

Select this check box if multiple currency transactions are used by the company.

Currency Rate Override

Select whether currency exchange rates can be overridden when non-base currency transactions are created.

Default Aging Method

Select an aging method for the company. If this field is blank, then the aging method for the customer group is used.

Age Credits

Select a credit memo aging method for the company. If this field is blank, then the age credits option for the customer group is used.

Age Payments

Select a payment aging method for the company. If this field is blank, then the age payments option for the customer group is used.

Age Disputes

Select whether disputes are aged using the Default Aging Method. If this field is blank, then the age disputes option for the customer group is used.

Aging Periods

Specify the aging periods that are used when aging across companies. Specify the periods in consecutive and ascending order. If these fields are blank, then 30, 60, 90, and 120 are used.

If the Additional Aging Periods check box is selected, then three additional aging periods are available.

Current Days

Specify the number of days that separate the current and future aging periods. Current and future aging periods contain transactions that are not past due for due date aging or past transaction date for transaction date aging.

Additional Aging Periods

Select this check box to show three additional Aging Periods fields and one additional Future Days field.

Future Days

If the Additional Aging Periods check box is selected, then specify the number of future days. A secondary Future Aging field is available.

Transaction Sequence

Select the transaction sequence that is used on aging reports. If this field is blank, then the transaction sequence on the customer group is used.

Display Date

Select the date to use to specify the open obligation data that is displayed on aging reports. This option is used for obligations and is not related to the aging method. If this field is blank, then the display date option for the customer group is used.

The IDM template is used to generate notices, for example, basic dunning letters, advanced dunning letters, receivable statements, and payment request notices.

If this check box is cleared, then the documents are created using a built-in report.

To view sample IDM templates, fact sheets, and XML files, see Setting up Receivables IDM templates.

Type

Select whether the address is a post office box, a street address, a military address, or an unidentified type.

Automatic Batch Numbering

Select this check box if automatic batch numbering is used for payment batch entry.

Last Batch

If Automatic Batch Numbering is selected, then specify the last payment batch number assigned. When a new payment batch is added, the batch number is incremented by one. If this field is blank, then the batch number begins with one.

Balance Batch Control Totals

Select this check box if the transaction batch total must equal the control total before a transaction batch can be released.

Operator ID Required

Select this check box if an operator code is required during payment batch entry.

Edit Remittance

Select this check box if remittance records are edited against open transactions.

Allow Remittance Changes

Select this check box if payment remittance data can be changed after a payment is released.

Allow Zero Payments

Select this check box if a zero amount payment is allowed. Zero amount payments can be applied to invoices, debit memos, and credit memos that net to a zero amount.

Edit Deposit Date

Select this check box if the deposit date is edited against the date range that is specified in Global Ledger. Use System Control to establish the date range.

Automatic Batch Numbering

Select this check box to use automatic batch numbering for manual invoice entry.

Last Batch

If Automatic Batch Numbering is selected, then specify the last assigned invoice batch number. When a new invoice batch is added, the batch number is incremented by 1. If this field is blank, then the batch number begins with 1.

Balance Batch Control Totals

Select this check box if the transaction batch total must equal the control total before a transaction batch can be released.

Operator ID Required

Select this check box if an operator code is required during memo entry or invoice entry.

Currency Override

Select this check box if the code for customer currency can be overridden when a transaction is created.

Create Historical Distributions For Interface

Select this check box if historical AR code-based distribution records are created by interface transactions. Consider selecting this check box if you do not import invoice distributions to post to the Global Ledger. These distribution records are primarily used for the self-balancing report.

Create Summarized Historical Distributions For Interface

If Create Historical Distributions For Interface is selected, then select this check box to create distribution records in summary format. If this field is cleared, then distribution records are created in detail.