14.4 Management Ledger Configuration

To configure the management ledger, follow these steps:

  1. From the LHS menu, select Insurance Allocation Manager, select Configuration, and then select the Management Ledger Configuration.

    Figure 14-4 Management Ledger Configuration


    The Management Ledger configuration window allows you to define the functional currency, start month, and table name.

  2. Select the following details:
    • Functional Currency: The currency that applies to the Table that you select. This helps to define a functional currency for the ledger table. Accounts and instruments can be defined across various currencies, but to consolidate the accounts at multiple hierarchy levels, across units, a common functional currency is required which you can set here.
    • Start Month: The start month of the fiscal year. You can choose a ledger table and define the corresponding start month or functional currency.
    • Table Name: The name of the table.
  3. Click Save.

For more information on functional currency, see the Functional Currency section.