Component Transactions

A component is a type of markup. The system calculates component transactions based on amounts or units from source transactions. For example, you might create a component transaction to offset the cost of borrowing money.

You can use component transactions that are based on the invoice amount to apply charges in addition to the markup amount for the workfile transaction. A compound component creates an additional markup; its calculation is based on existing component amounts.

You set up the rules for component calculations in the Component Table Master table (F4860). You must then assign this component rule to a markup rule to instruct the system to create component transactions.

When a component transaction is associated with a workfile transaction, the system displays an X in the Comp (component) field for that workfile transaction on the Work With Workfile form (W4812C). You use the Component Info option on the Row menu to view the component workfile transactions.