The date and time that the parameters are valid. The
parameters are valid up to the effective date of a more recent parameter
setting.
Company Parameters (tfgld0503m000)This session contains:
To view historical settings, double-click one of the historical parameter sets. To view or change the current parameter settings, double-click the set without an effective date that appears at the top of the list. The Company Parameters (tfgld0503m000) details session starts. If you make changes and save the new parameter set, LN performs the following actions:
Note It is strongly recommended that you block all the ledger accounts assigned to special purposes for manual input. In the Chart of Accounts (tfgld0508m000) session, select the Blocked for Manual Input check box for these accounts.
General Effective Date The date and time that the parameters are valid. The
parameters are valid up to the effective date of a more recent parameter
setting. Company Data Group Company The group company to which the company belongs. History Company The archive company to which you archive the history data of the financial company. Actual Budget The budget to be used as
default when comparing the actual figures and the budgeted figures. Default budget The actual budget is used as the default in several sessions in the Financial Budgeting System module and Cost Accounting module. All deviations between actual and budgeted figures are, for example, automatically calculated for the budget. Current Fiscal Year The current fiscal year. Allowed values You only need to enter this field when you start using LN. Thereafter, LN automatically increments the year, after it is closed. Accounting Department The accounting department of the current financial company. Finalization Data Default Access by Batch Specify who can access a batch. Finalization by Batch If this check box is selected, users designated as Finalization Administrator in the Finalization Administrators (tfgld0125m000) session, can finalize batches. Print Journal Report If this check box is selected, LN prints a journal
report when transactions are finalized in a Financials session. Note If no report options are selected and an error occurs, only an error report will be printed during finalization. Print Batch Status Report If this check box is selected, LN prints a status
report when transactions are finalized in a Financials session. Note If no report options are selected and an error occurs, only an error report will be printed during finalization. Print Ledger Account Totals Report If this check box is selected, LN prints a report with
ledger account totals when transactions are finalized in a Financials session. Note If no report options are selected and an error occurs, only an error report will be printed during finalization. Reversal Reversal Transaction Type The transaction type for reversal transactions. Reversal Series The series number for reversal transactions. Currency Diff. Ledger Accounts by Currency If this check box is cleared, define profit and loss
accounts for the currency differences in any currency. If this check box is selected, you must define the ledger accounts for each currency in the Currency Difference Ledger Accounts by Currency (tfgld0119s000) session. Note Currency differences that occur for business partner transactions are always posted to the ledger accounts that you defined for the financial business partner groups in the following sessions:
Profit Account Ledger Account The ledger account for
the currency difference results. Allowed values Select a ledger account for which:
Dimension Analysis account for ledger accounts to get a vertical view on
ledger accounts. Dimensions are used to specify ledger account information. Loss Account Ledger Account The ledger account for
the currency difference losses. Allowed values Select a ledger account for which:
Dimension Analysis account for ledger accounts to get a vertical view on
ledger accounts. Dimensions are used to specify ledger account information. Transaction Type The transaction type for
the currency difference postings. Allowed values Select a Journal Vouchers transaction type. These postings are in the Calculate Currency Differences (tfgld5201m000) session. Transaction Type The description of the transaction type. Interim Accounts Interim Account - Statutory/Both Fisc Period Change - Original The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can select the account, depending on:
Fisc Period Change - New The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can select the account, depending on:
Rep. Period Change - Original The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can select the account, depending on:
Rep. Period Change - New The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can select the account, depending on:
Interim Account - Statutory/Local Fisc Period Change - Original The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can select the account, depending on:
Fisc Period Change - New The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can select the account, depending on:
Rep. Period Change - Original The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can select the account, depending on:
Rep. Period Change - New The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can select the account, depending on:
Interim Account - Complementary/Both Fisc Period Change - Original The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can define the account depending on:
Fisc Period Change - New The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can define the account depending on:
Rep. Period Change - Original The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can define the account depending on:
Rep. Period Change - New The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can define the account depending on:
Interim Account - Complementary/Reporting Fisc Period Change - Original The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can define the account depending on:
Fisc Period Change - New The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can define the account depending on:
Rep. Period Change - Original The ledger account to
which a reversed transaction that affects two different periods is posted. This
avoids an unallocated entry in one period. Allowed values Select a ledger account that has:
Rep. Period Change - New The ledger account used
for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has:
You can define the account depending on:
Retained Earnings Dimension Accounting on Retained Earnings If this check box is selected, LN derives the
dimensions for retained earnings from the dimension history. If this check box is cleared, you can enter the dimensions for retained earnings on company level. Statutory Ledger Account The statutory ledger account for retained earnings. Dimension The default dimensions for retained earnings. Ledger Account Dimension Analysis account for ledger accounts to get a vertical view on
ledger accounts. Dimensions are used to specify ledger account information. Complementary Ledger Account The complementary ledger account for retained earnings. Dimension The default dimensions for retained earnings. Ledger Account Dimension Analysis account for ledger accounts to get a vertical view on
ledger accounts. Dimensions are used to specify ledger account information. Destination Gain/Loss Destination Gain/Loss for Independent Multicurrency Destination Gain Account 1 The default ledger accounts to which the calculated destination gain is posted in the Calculate Destination Gain & Loss (tfgld5202m000) session. You can overrule this setting by choosing other destination gain and loss ledger accounts in the Chart of Accounts (tfgld0508m000) session. Destination Gain Account 2 The default ledger account to which the calculated destination gain is posted in the Calculate Destination Gain & Loss (tfgld5202m000) session. You can overrule this setting by choosing other destination gain and loss ledger accounts in the Chart of Accounts (tfgld0508m000) session. Destination Loss Account 1 The default ledger account to which the calculated destination loss is posted in the Calculate Destination Gain & Loss (tfgld5202m000) session. You can overrule this setting by choosing other destination gain and loss ledger accounts in the Chart of Accounts (tfgld0508m000) session. Destination Loss Account 2 The default ledger account to which the calculated destination loss is posted in the Calculate Destination Gain & Loss (tfgld5202m000) session. You can overrule this setting by choosing other destination gain and loss ledger accounts in the Chart of Accounts (tfgld0508m000) session. Transaction Type The transaction type for destination gain and loss transactions generated in the Calculate Destination Gain & Loss (tfgld5202m000) session. Allowed values Select a Journal Vouchers transaction type. Gain/Loss Account by Currency If this check box is selected, the account for
balancing documents must be defined by currency in the Additional Currency Features (tfgld0129m000) session. Statutory Exchange Gain/Loss Account Exchange gain and loss amounts calculated for integration transactions are posted to
this account. Note The account specified applies to all currency systems. Complementary Exchange Gain/Loss Account Exchange gain and loss amounts calculated for integration transactions are posted to
this account. Note The account specified applies to the standard currency system only. Balancing Balancing Method The method of posting the balanced profit and loss
accounts. You can balance profit and loss accounts in the Automatic Balancing of Profit and Loss Accounts (tfgld6202m000) session. For details, refer to Balancing Methods. Transaction Type The transaction type for
profit and loss account postings. Statutory Ledger Account The ledger account for automatic balancing. Allowed values Select a ledger account:
LN uses this account in the Automatic Balancing of Profit and Loss Accounts (tfgld6202m000) session, as a contra account for the profit and loss accounts that are emptied. Dimension Analysis account for ledger accounts to get a vertical view on
ledger accounts. Dimensions are used to specify ledger account information. Complementary Ledger Account Set the ledger account for
automatic balancing. LN post the subtotal of all profit and loss account balances to this account. Allowed values Select a ledger account:
Dimension Analysis account for ledger accounts to get a vertical view on
ledger accounts. Dimensions are used to specify ledger account information. Rounding Diff. Statutory Ledger Account The ledger account for rounding differences. Allowed values Select a ledger account that:
Dimension Analysis account for ledger accounts to get a vertical view on
ledger accounts. Dimensions are used to specify ledger account information. Complementary Ledger Account The complementary ledger account for rounding differences. Allowed values Select a ledger account that:
Dimension Analysis account for ledger accounts to get a vertical view on
ledger accounts. Dimensions are used to specify ledger account information. Currency Translation Currency Translation Statutory Ledger Account The temporary ledger account for currency translations. The temporary ledger account for currency translations which is, for example, used if:
Allowed values Select a ledger account:
Dimension Analysis account for ledger accounts to get a vertical view on
ledger accounts. Dimensions are used to specify ledger account information. Currency Translation Complementary Ledger Account The temporary ledger account for currency
translations. The temporary ledger account for currency translations is, for example, used if:
Allowed values Select a ledger account:
Note Accounts receivable: Payment 80 USD, which equals 90 EUR Invoice 90 EUR Posting: D Cash 80 USD C Translation account 80 USD D Translation account 90 EUR C Accounts receivable 90 EUR The translation account must be balanced if all amounts are expressed in the home currency. It is used to translate currencies and not to post differences. Dimension Analysis account for ledger accounts to get a vertical view on
ledger accounts. Dimensions are used to specify ledger account information. Matching Matching Parameters Statutory Matching Account When matching transactions for a matchable statutory account,
if there is a difference between credit amounts and debit amounts, the
difference is posted to this account. Complementary Matching Account When matching transactions for a matchable complementary account, and there is a difference between credit amounts and debit
amounts, the difference is posted to this account. Matching Tolerance (Percentage) The tolerance percentage. If a credit transaction and the debit transaction to which
it must be matched differ by less than this percentage, the transactions can be
matched. You can match transactions in the GL Account Matching - Manually (tfgld1516m000) session and the GL Account Matching - Automatic (tfgld1216m000) session. Absolute Tolerance Amount If a credit transaction and the debit transaction to which
it must be matched differ by less than this amount, the transactions can be
matched. You can match transactions in the GL Account Matching - Manually (tfgld1516m000) session and the GL Account Matching - Automatic (tfgld1216m000) session. Currency The matching tolerance amount is always in the reference currency. Matching Transaction Type The default transaction type for the matching transactions
that can be generated during GL account matching. Manual Matching Parameters Prevent Incomplete Matching for the same Transaction Currencies If this check box is selected, you can only match the
transactions if the difference amount in each of the home currencies is zero. If this check box is cleared, LN can generate a matching transaction for the difference amount when you match the transactions. Note This option only applies if you manually match transactions in the same transaction currency in the GL Account Matching - Manually (tfgld1516m000) session. Allow Matching Based on Difference for the same Transaction Currencies If this check box is selected, LN can generate a
transaction for remaining small difference amounts in the home currencies after
matching the transactions. Note This option only applies if you manually match transactions in the same transaction currency in the GL Account Matching - Manually (tfgld1516m000) session. Allow Matching for different Transaction Currencies If this check box is selected, transactions in
different transaction currencies can be matched. If this check box is cleared, you can only match transactions in the same transaction currency. Notes If you select this check box, it is recommended that you also select the Allow Matching Based on Difference for different Trans. Currencies check box, as for transactions in different transaction currencies, such differences usually occur. This option only applies if you manually match transactions in the GL Account Matching - Manually (tfgld1516m000) session. Prevent Incomplete Matching for different Transaction Currencies If this check box is selected, you can only match the
transactions if the resulting difference amount in each of the home currencies
is zero. Note This option only applies if you manually match transactions in different transaction currencies in the GL Account Matching - Manually (tfgld1516m000) session. Allow Matching Based on Difference for different Trans. Currencies If this check box is selected, LN can generate a
transaction for remaining small difference amounts in the home currencies after
matching the transactions. Note This option only applies if you manually match transactions in different transaction currencies in the GL Account Matching - Manually (tfgld1516m000) session. Matching Currency for different Transaction Currency If the transaction currencies differ, this currency is used
for the matching transaction. If this field is blank, the reference currency is used. Note
External Journals Default Transaction Type The transaction type to be used for missing or incorrect
transaction types when journal transactions are imported. Default Series The series to be used for missing or incorrect series when
journal transactions are imported. Use Suspense Account If this check box is selected, you can specify a suspense account to be used when journal transactions are imported using the Post Imported Journal Transactions (tfgld2215m000) session. If this check box is cleared, incorrect journal voucher lines will be rejected when journal transactions are imported. Suspense Account The suspense account to be used when journal transactions are
imported using the Post Imported Journal Transactions (tfgld2215m000) session. Concepts Bank Reference Check The type of bank reference number check that is used by the banks in the financial
company's home country. To include bank reference numbers on invoices and payment documents, select a value other than Not Applicable. For sales invoices, if the country of the customer is the same as the country of the sales office, LN generates the bank reference number when the invoices are composed. You can define the composition data for bank reference numbers in the Bank Reference Positions by Country (cisli1130m000) session. For purchase invoices, if the country of the supplier is the same as the country of the purchase office, LN applies the check indicated by the bank reference number operator in all the sessions in which bank reference numbers are entered or processed. If the bank reference number does not include an operator, by default LN applies the check that you select here. If you select Not Applicable, the bank reference number functionality is not available. Account Matching If this check box is selected, account matching is used in this financial
company. Factor Invoices If this check box is selected, you can factor the accounts receivables that are processed through the current financial
company. Journal Book If this check box is selected, you can set up and
generate the journal book. Note If non-finalized transactions exist in the company, you cannot change the selection of this check box. VAT Book If this check box is selected, you can set up the VAT book and generate VAT book reports. Separate Account for Paid Advance Installments If this check box is selected, LN creates the
financial transactions required to post invoiced and paid advance receipt requests to separate ledger accounts. Schedules Mandatory If this check box is selected, you must link a payment schedule to every invoice. If this check box is cleared, using payment schedules is optional. Payment Method Mandatory If this check box is selected, a payment method must be
available on every invoice header or, if a payment schedule is linked to the
invoice, for every payment schedule line. If payment methods are mandatory and no payment method is available for an invoice or for a payment schedule line, LN blocks processing of the invoice. LN prints the payment method on sales orders, purchase orders, service orders, and the related invoices. Declarant's Address The declarant's address that must be printed on the Belgian
Balance of Payments report. Recurring Journal Invoice Creation If this check box is selected, users can choose whether
recurring transactions are created for journal vouchers, purchase invoices, or sales invoices. If this check box is cleared, recurring transactions can only be created for journal vouchers. Cross Validation If this check box is selected, users can define cross validation rules. As a result, the Dimension Ranges by Ledger Account (tfgld0509m000) session will become unavailable.
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