Global Policies are functions that determine how eSite responds for all properties set up within the system. Often, these provide users with defaults that lighten workload and cause business data to be processed in a consistent manner. Defaults are used as place holders—automatically assigned and displayed by the system and remain until other values are specified.
Effects
Global policies affect whether this option can be run before PAME, determines the parameters for the data to include and how that data is counted and calculated.
The administrator who sets up your system makes a decision on whether this is a requirement or choice and sets the parameters for consideration on the Month End Tab while setting up global policies.
The defaults on that tab determine the number of days grace for posting to prior month in the general ledger, the date of record, if AME is allowed to run when unapproved batches exist for the selected property, and if future accounting periods are active.
NOTE
that an administrator can change policy settings. Caution should be exercised
when altering defaults or established settings, as changes can have far-reaching
effects on the way the system handles processing preliminary accounting
month end.
See Also
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