Installation Options - Financial Transaction
Select and use the Financial Transaction page to define financial transaction installation options.
Description of Page
Use GL Batch to define the batch process that is used to interface your financial transactions to your general ledger. The process is snapped on FT download records by the GLS background process.
Use A/P Batch to define the batch process that is used to interface your check requests (initiated with adjustments with an adjustment type that reference an A/P request type) to you accounts payable system.
Use Fund Accounting to indicate if fund accounting is Practiced or Not Practiced at your organization.
Use Alternate Currency to indicate if your organization accepts customer payments in currencies other than the account's currency.
Refer to Alternate Currency Payments to understand the significance of this option.