NoteMake the following menu selections to display this tab:
eFinancials—Setup—GL Setup—Entities—General tab
or
ePO—Setup—Entities—General tab
Use this tab to add or edit general information about the entity. The General tab for entity setup only appears on the menu when your system uses Standard Setup.
Fields
Note
An asterisk (red * ) indicates a required field or selection.
Entity ID *
Enter the entity identification. This ID appears on lists and in reports.
Description *
Enter a description of the entity, which is frequently the name of the entity. This description appears on lists and in reports.
Company ID *
Click the Lookup Button
to display the Select Company Tab
and select a company identification for the company with which the entity
is associated.
Consolidated
This option defaults as unchecked. Accept this default if you do not want to generate consolidated financial reports for this entity.
Check this option if you want to generate consolidated financial reports for this entity. The Consolidate Tab displays. When this option is selected, the entity is used for reporting purposes only and is never available for entering transactions; that is, the entity never appears on a drop-down list. Refer to Consolidated Reporting for more information.
Allow Posting
This option defaults as checked. Accept this default if you want this entity activated for posting, which allows user to select this entity for transactions.
Click this option to remove the checkmark if you do not want this entity activated for posting. This option is disabled when the Consolidated box is checked, as it is not applicable for a consolidated entity. Refer to Consolidated Reporting for more information.
Policy Group *
This option defaults as unselected. Select a Policy Group from the drop-down box. If a Policy Group is set up on the Entity Policy Groups tab for the entity, then a Policy Group appears in the field.
Note
Refer to Changing the Policy Group before you consider changing Policy Group.
GL Calendar *
Click the Lookup Button to display the Select Calendar Tab
and select a calendar for the entity.
Current Period *
Enter the current period using the format mm/yyyy.
When adding a new entity, you must save the entity before you can select a retained earnings account, which is a general ledger account established in the Chart of Accounts.
Click the Lookup Button to display the Select GL Account Tab
and select a retained earnings general ledger account for the entity.
The account you select must be a capital account with a record type of
Detail. Refer to Account Maintenance
Tab
for more information on account type and record type.
Accounting Type *
Select an accounting type from the drop-down list: Accrual or Cash. Refer to Accounting Type and Effect of Accounting Type for more information.
Alternate Entity ID
Click the Lookup
Button to display the Select
Entity Tab and select an alternate entity. Be sure to select an entity
that is valid for posting. Refer to
Data Entry Shortcut
for more information.
Lien Waiver Format
Click the
This option specifies the Lien Waiver Format at the Entity level.
If a vendor is set to have a Lien Waiver created and no Lien Waiver Format is set elsewhere, the format you select is the format the system uses.
If no Lien Waiver Format is specified here or at the Job, then no Lien Waiver is created for the Vendor.
Buttons
Cancel
Select this button when you want to stop without saving changes.
Save
Select this button to save changes.
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