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Global Policies Overview
Global policies allow you to set up system default values
that can lighten your workload and cause business data to be processed
in a consistent manner. The policies affect the processing of batches,
purchase orders, invoices, checks, vendors, budgets, and journal entry
numbering and the account mask.
Note
Depending on the applications purchased by your company,
global-policy-related tabs can display from either eFinancials or ePO
menus.
Setup Details
Setting up global policies is required. Each set of policies
has default settings. The default policy settings do not affect the setup
process. However, the first step in setting up should be evaluating the
suitability of the settings on each tab in global policies in light of
your business requirements.
The Global Policies' Common
Tab is of particular importance because this tab is used to determine
if your company sets up using Standard
or Simplified setup. In addition,
the Common Tab is used to set up the account mask. If your account numbers
contain spaces, hyphens, or special characters, setting up the account
mask at the beginning of the setup phase ensures that all account numbers
used in the application adhere to the policy mask format. In addition,
the Common Tab is where you make selections
that affect purchase orders, specifically the menus that display.
Read all of the sections associated with policies. Your
selections of policies and combination of selections may impact your overall
data and affect required activities or fields. For your records—and in case
you decide to make changes—create
a written list of policies you plan to activate. Topics titled Setup
Questions in the Policies and Setup Guide
provide you with that list of questions that can assist you.
Changing Policies
Policies can be changed after your initial setup is complete;
however, keep in mind that any change may impact your application and
its outcomes in unexpected ways. Be cautious about changing policy settings,
and consult with a support representative before resetting a policy to
find out what the impact may be on your overall system.
Note
In particular, changing the option Simplified
Company Setup has far reaching consequences. Please refer to
(or Setup Introduction for ePO) and
before changing the existing setting.
Policies and Setup Guide Topics
Read the following Setup Guide
topics for additional information you can use to set up global policies:
Effect
of Global Policies - Common Tab
Effect
of Global Policies - Batch Tab
Effect
of Global Policies - PO Tab
Effect
of Global Policies - Invoice Tab
Effect
of Global Policies - Check Tab
Effect
of Global Policies - Vendor Tab
Effect
of Global Policies - Budget Tab
Effect of Global Policies - AR Tab
Effect of Global Policies - Partnership Accounting Tab
Effect
of Global Policies - Other Tab
See Also
Setup
Global Policies Tabs
Common
Setup Overview
Setup
Sequence Standard Setup
Setup
Sequence Simplified Setup
eFinancials
Concepts and Processes