Setting Up Expense Amortization

Page Name

Definition Name

Usage

Amortization Type Page

AMORT_TYPE

Define the various types of amortization by SetID.

Amortization Template Page

AMORT_TEMPLATE

Associate ChartFields with each of the different types of amortization.

Summary Calendar Page

SUMMARY_CALENDAR

Define period ranges for each summary calendar period for a SetID.

Ledgers For A Unit - Definition Page

BUSINESS_UNIT_LED1

Identify the detail ledgers, ledger groups, and calendars used by the business unit and identify specific characteristics for each ledger.

Journal Source - Definition Page

SOURCE1

Define an amortization journal source.

Document Type Page

DOC_TYPE

Define an amortization document type.

Use the Amortization Type page (AMORT_TYPE) to define the different types of amortization for a SetID.

Navigation:

Set Up Financials/Supply Chain > Common Definitions > Journals > Define Amortization Type

This example illustrates the fields and controls on the Amortization Type page.

Amortization Type page

Use the Amortization Template page (AMORT_TEMPLATE) to Associate ChartFields with each of the different types of amortization.

Navigation:

Set Up Financials/Supply Chain > Common Definitions > Accounting Entry Templates > Amortization Template

This example illustrates the fields and controls on the Amortization Template page. You can find definitions for the fields and controls later on this page.

 Amortization Template page

Field or Control

Description

SetID

Select a SetID for which you want to associate the ChartFields.

Amortization Type

Select a type of amortization to associate with the SetID.

Account

Select an expense account that will be assigned as a default for the amortization type.

Define summary calendars using the Summary Calendar component (SUMMARY_CALENDAR).

Two types of summary calendars are supported for amortizing: Quarterly and Annual.

For defining Summary Calendars, access the Summary Calendar page. For details on defining Summary Calendars, see Defining Summary Calendars

Use the Journal Source - Definition page (SOURCE1) to define a journal source.

Navigation:

Set Up Financials/Supply Chain > Common Definitions > Journals > Source > Definition

This example illustrates the fields and controls on the Journal Source - Definition page.

Journal Source - Definition page

For a detailed description of Common Journal Definitions, see Defining Common Journal Definitions

Use the Document Type page (DOC_TYPE) to define your amortization document type.

Navigation:

Set Up Financials/Supply Chain > Common Definitions > Document Sequencing > Define Document Type

This example illustrates the fields and controls on the Document Type page .

Document Type page

For a detailed description on Document Types, see Defining and Assigning Document Types