Assign a Mixed Hierarchy

The following example demonstrates how to set up a mixed hierarchy plan.

In this example, the existing plan has the value 262510 for a parent account of the postable accounts: 26251010, 26251020 and 26251050. In the same hierarchy and based on the JPK account categories provided by the Polish tax authorities, these accounts are set as children to the JPK220 JPK Category Account. This hierarchy is part the JPK2 Group Category account of the JPK hierarchy structure. However, the 262510 Parent account is set under parent2: REP2610, which can be under parent3 REP2T61, and other parent levels.

Assign a Mixed Hierarchy

Perform the following steps to assign a mixed hierarchy to the Chart of Accounts:

1. From the Setup and Maintenance work area, navigate to the Manage Chart of Accounts Structures page.

2. Select General Ledger from the Module list of values.

3. Select Manage Structure Instances.

4. Select Poland Accounting Flexfield for the Structure Name field.

5. Select JE_PL_ACCOUNT from the Segment Instances section.

6. Click Edit.

7. On the Edit Key Flexfield Segment Instance window, search for JE_PL_ACCOUNT for the hierarchy Tree Name.

8. Click OK.

9. On the Manage Chart of Accounts Structures page, select the General Ledger row.

10. Click the Deploy Flexfield button.

Manage a Reporting Sequence

According to the tax authorities of Poland, the journals included in the JPK Accounting Books extract file must have a gapless sequence. The sequence is depicted in the extract in the related XML tags. To implement this, define a reporting sequence for the following:

• All transactions that are created directly in General Ledger.

• The transactions that are accounted from subledgers, which includes Payables and Receivables.

Note: The standard functionality of the reporting sequence during the closure of an accounting period is currently being used for this example.

1. Navigate to the Manage Accounting and Reporting Sequences page from the Setup and Maintenance work area.

2. Search for the account name in the Sequences tab.

3. Select PL FY Journals from the Search Results section.

4. Select the Sequencing Assignments tab.

5. Click Create to create the missing sequence for the General Ledger entries.

6. Enter a name and description for the sequence.

7. Assign the sequence as required.

8. Click Save and Close.