FT GL Creation

The system creates an FT GL record for a financial transaction when you do either of the following:

Freeze a financial transaction from the user interface.
Assign a GL account to a financial transaction through the C1-GLASN or GLASSGN2 batch.

The system creates the FT GL entries in the account’s invoice currency. During FT GL creation, the system creates additional FT GL entries (i.e., FT GL extension records) when the financial transaction’s currency is different from the division’s base currency and/or division’s local currency. For more information, see Additional FT GL Entry Creation (FT GL Extension).

Note that, in case of payments, if the payment currency is different from the account’s invoice currency, the system enables you to create FT GL entries for pay segments in the payment currency as well as in the account’s invoice currency. Additionally, if you want to create FT GL entries for pay segments in the payment currency, you need set the following parameters in the C1-NCPAY-FT, PSEG-AC, PSEG-CA, and PSEG-NM algorithm types:

Create Extra FTGL Entries in Original Payment Currency(Y or N) – Used to indicate whether you want to create FT GL entries for the pay segments in the payment currency when the payment currency is different from the account’s invoice currency. The valid values are Y and N. By default, the value is set to N.
Payment Distribution Code Characteristic Type – Used to specify the characteristic type using which you want to determine the distribution code for creating the FT GL entry in the payment currency. This characteristic type must be defined on the financial transaction’s distribution code. Note that the C1-PAYCR characteristic type is shipped with product. If the value for this parameter is not specified, the system will create the FT GL entry in the payment currency using the financial transaction’s distribution code.

To implement this business requirement, two new columns named ORIG_PAY_AMT and ORIG_PAY_CCY_CD are introduced in the CI_FT_GL table.