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.
Effect
Global policies affect batch restriction and may require that a batch be restricted to a particular property. The administrator who sets up your system makes these decisions and sets the parameters for consideration on the Ledger Tab while setting up global policies.
Defaults
The defaults on the Month End Tab control the format of the data file created for transferring eSite information to the general ledger, the number of days grace for posting to prior month in the general ledger, the date of record for an inactive accounting period, and if preliminary accounting month end must be run prior to the actual month end close process.
The defaults on the Additional Tab determine if sales taxes should be billed to residents who receive a late fee for their delinquent rent payment.
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 late notices.
See Also
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