Considerations for Setting Up the Time Entry MBF Processing Options (P050002A)

Complete the Recharge tab in the processing options for a version of the Time Entry MBF Processing Options program (P050002A):

1. Enable Multi-Currency Functionality

Enter 1 to enable multicurrency functionality.

2. Business Unit Currency for Base Amount

Enter 1 to specify the recharge business unit currency or enter 0 to use the home business unit currency from the Employee Master Information table (F060116).

This processing option enables you to determine whether the billing rate or the foreign billing rate is considered the base rate and, therefore, enables you to determine which rate will be converted. Depending on your selection, certain multicurrency fields on the timecard are enabled. When you select 1 to designate using the currency of the recharge business unit as the fixed currency, the only multicurrency timecard field that is enabled is the Foreign Billing Rate field. When you leave this option blank (default), then the currency of the home business unit of the employee is considered the fixed currency, and the only multicurrency timecard field enabled to you is the Billing Rate field.

For example, suppose that the billing rate for an American employee who works in a Canadian company can be stated in either USD or CAD. If the billing rate is stated in USD, then this rate is converted into CAD to determine the foreign billing rate. In this scenario, the Business Unit Currency for Base Amount processing option should be set to 0 to use the home business unit currency from the Employee Master Information table as the fixed or base currency. If the foreign billing rate is stated in CAD, then this rate is converted into USD to determine the billing rate. In this scenario, the Business Unit Currency for Base Amount processing option should be set to 1 to use the recharge business unit currency as the fixed or base currency.

If the employee home business unit is 9, which is under USD Company 00001, the billing rate and markup table must be defined for USD currency.

If the recharge business unit is Business Unit 77 (for labor expenses) in a company that uses Canadian currency, you must define the billing rate and markup table for CAD currency.

3. Use Billing Markup Table for Rate Lookup

Enter 1 to use the Billing Rate / Mark up Table (F48096) to retrieve rates.

4. Generation Type Payroll

Enter P (recharge rate).

5. No Billing Markup Rate Found Action

Enter 1 to use the employee cost rate.

6. Billing Rate Markup Table Version (P48096)

Enter ZJDE0001.

7. Force Dynamic Account Creation

Enter 1 to use dynamic account creation. This processing option is optional.

The dynamic account creation process creates a valid account when you enter a timecard that includes an account number that is inactive in the system. However, the account number must exist in the model business unit. Dynamic account creation does not create records in the billing rate and markup table.