1.54 Maintain MIS Class

This topic explains systematic instructions to maintain MIS classes.

Through the MIS Class Maintenance screen, define various categories based on which reports on general ledgers should be classified.

Note:

The fields which are marked in asterisk are mandatory.

1. On Homescreen, type GLDCLSMT in the text box, and click Next.
   The MIS Class Maintenance screen displays.

   Figure 1-51 MIS Class Maintenance

   
   

   
   Description of "Figure 1-51 MIS Class Maintenance"

   
   

   In this screen, the user can define various categories based on which reports on general ledgers should be classified. To maintain details of a new MIS class, click New.
2. On the MIS Class Maintenance screen, specify the fields.

   For more information on fields, refer to the field description table.

   Table 1-65 MIS Class Maintenance - Field Description

   Field	Description
   MIS Class	In Oracle FLEXCUBE Universal Banking, each MIS class is identified by a unique nine-character code called a MIS class. The user can follow own convention for devising this code.
   Description	Specify a short description that will help to identify the MIS class. The Description is for information purposes only and will not be printed on any customer correspondence.
   MIS Type	The MIS class type identifies the basic nature of the class. Select the MIS Type from the following options: Transaction class - A Transaction class refers to all transactions that have taken place through any of the front-end modules like Foreign Exchange, Money Market, etc. The Customer Class relates to customer accounts. Customer Class - Select this option to define a customer-based classification. Composite Class - Select this option to indicate that the MIS class can be used both at customer definition and at the time of processing a transaction. Fund class - Refer to the Core Services User Guide for details on setting up a Fund MIS class This is the basic feature of a class and will determine the type of MIS codes that can constitute the class. For each of these MIS types, the user can create a maximum of ten classes.
   Mandatory	Select one of the following options from the drop-down list: Yes No This field indicate whether entering an MIS code is mandatory for a particular MIS Class or not. Whenever any transaction is stored, the system checks if an MIS code is supplied for this MIS class processed in the transaction.
   MIS Code	Indicate the sub-divisions that should be reported under the class. Each of the sub-classes is given unique code identifiers. The MIS codes that are associated with a class fall under the class at the time of reporting or consolidation. Click Add to associate an MIS code to a class. To remove an MIS class from the list, place your cursor in that row and click Delete. The MIS codes that are associated will depend on the type of MIS Class that is created. While setting up the details of a customer, the user can associate the customer with a customer type MIS Code. Therefore, the setup serves more for management purposes and makes the management of GLs simple and easy.
   Code Description	The system displays the code description.
   Inactive	Check this box to inactive specified MIS code.

3. Click Save to save the record.
4. Click Delete to exit without saving the details that you entered.
   An MIS class that is created will be available for use only after it has been authorized by a user bearing another ID. Similarly, the user cannot make any modifications to a Class or Category until the previous modification made, has been authorized.
5. Click Exit to end the transaction.