Defining a Financial Transaction Distribution Type

Prerequisites

To define a financial transaction distribution type, you should have:

  • Financial transaction distribution objects defined in the application.

  • Adjustment types defined in the application.

  • Financial transaction distribution rule defined in the application.

  • Required characteristics defined in the application.

Procedure

To define a financial transaction distribution type:

  1. Click the Admin link in the Application toolbar.
    A list appears.
  2. From the Admin menu, select F and then click Financial Transaction Distribution Type.
    A sub-menu appears.
  3. Click the Add option from the Financial Transaction Distribution Type sub-menu.

    The Financial Transaction Distribution Type screen appears. It contains the following sections:

    • Main - Used to specify basic details of the financial transaction distribution type.
    • Characteristics - Used to define the characteristics for the financial transaction distribution type.

    Main - This section contains the following fields:

    Field Name Field Description Mandatory (Yes or No)
    Financial Transaction Distribution Type Used to specify the financial transaction distribution type. Yes
    Description Used to specify the description of the financial transaction distribution type. Yes
    FT Object Type Used to indicate the business object that will be used to create the financial transaction distribution type. The valid values are:

    • Adjustment

    • Bill Segment

    		 Yes
    FT Adjustment Type Used to indicate the adjustment type used in the financial transaction adjustment.
    Note: By default, this field is disabled. This field gets enabled when you select Adjustment option from the FT Object Type list.
    		 Yes (Conditional)
    Note: This field is required when you are selecting the Adjustment option for the FT Object Type list.
    Distribution Object Type Used to indicate the financial transaction object type used in distribution. Yes
    Distribution Adjustment Type Used to indicate the adjustment type which is used for distribution if the Transfer Adjustment option is selected from the Distribution Object Type list. No
    FT Distribution Rule Used to indicate the financial transaction distribution rule to be used for distributing the credit or debit in an account.
    Note: The Search (The Search Icon) icon appears corresponding to this field. On clicking the Search icon, the Financial Transaction Offset Distribution Type FK Search window appears.
    		 No
    Offset Indicator Used to indicate whether the financial transaction distribution type is applicable when an account in a hierarchy is using an excess credit from the account credit source to offset its own debt or not. No
    Write Off Threshold Amount Used to specify the minimum credit amount for write off. Yes (Conditional)
    Note: This field is required when you do not check the Offset Indicator check box.
    Write Off Adjustment Type Used to indicate the adjustment type used for write off.
    Note: The Search (The Search Icon) icon appears corresponding to this field. On clicking the Search icon, the Adjustment Type Search window appears.
    		 Yes (Conditional)
    Note: This field is required when you do not check the Offset Indicator check box.
    Expiration Adjustment Type Used to indicate the adjustment type used for expiration.
    Note: The Search (The Search Icon) icon appears corresponding to this field. On clicking the Search icon, the Adjustment Type Search window appears.
    		 Yes (Conditional)
    Note: This field is required when you do not check the Offset Indicator check box.
    Refund Adjustment Type Used to indicate the adjustment type used for refund.
    Note: The Search (The Search Icon) icon appears corresponding to this field. On clicking the Search icon, the Adjustment Type Search window appears.
    		 Yes (Conditional)
    Note: This field is required when you do not check the Offset Indicator check box.
    Related Transaction BO Used to indicate the object using which financial transaction object is created.
    Note: The Search (The Search Icon) icon appears corresponding to this field. On clicking the Search icon, the Financial Transaction Business Object Search window appears.
    		 Yes

    Characteristics - This section contains the following columns:

    Column Name Column Description Mandatory (Yes or No)
    Characteristic Type Used to indicate the characteristic type. Yes (Conditional)
    Note: This field is required when you are defining a characteristic for the financial transaction distribution type.
    Characteristic Value Used to specify the value for the characteristic type.
    Note: On specifying the value for a predefined characteristic type, the description of the characteristic value appears corresponding to the Characteristic Value field.
    		 Yes (Conditional)
    Note: This field is required when you are defining a characteristic for the financial transaction distribution type.
    Tip: Alternatively, you can access the Financial Transaction Distribution Type screen by clicking the Add button in the Page Title area of the Financial Transaction Distribution Type screen.
  4. Enter the required details.
  5. Define characteristics for the financial transaction distribution type, if required.
  6. Click Save.
    The financial transaction distribution type is defined.

Related Topics

For more information on... See...
Financial Transaction Distribution Type screen Financial Transaction Distribution Type
How to define a characteristic for a financial transaction distribution type Defining a Characteristic for a Financial Transaction Distribution Type