1. Multicurrency Processing Implementation Guide
  2. Setting Up AAIs for Payable Trade Accounts

Setting Up AAIs for Payable Trade Accounts

AAI item PC defines the default trade account that serves as a holding or clearing account until vouchers are paid. The system assigns the default trade account if you do not specify a different trade account using the G/L Offset field when you enter the voucher. The trade account can be specific to a supplier so that when you enter a voucher, the system uses the value of the G/L Offset field from the supplier master record.

The system uses the account number assigned to AAI item PC to create a debit in the trade account for the amount of the voucher. The account number must include a business unit. No special multicurrency considerations exist for this AAI item. Unlike other AAIs, you cannot assign a currency code xxx to AAI item PC.

The sequence in which the system searches for AAI item PC is:

  1. PCxxxx. The system uses PCxxxx that is associated with the company entered on the voucher, where xxxx is the GL offset on the voucher.

  2. PCxxxx. The system uses PCxxxx for company 00000, where xxxx is the GL offset on the voucher.

  3. PC. The system uses PC that is associated with the company entered on the voucher.

  4. PC. The system uses PC for company 00000.