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Setup Questions Entity General Tab - Standard Setup

Questions in this section are intended to help you make decisions about your setup. The questions follow the pattern detailed in the field list that is associated with the task. A field list follows the questions should you need additional information to answer a question.

Instructions

1. Print this topic—one for each entity you want to set up. Right-click this topic to display a pop-up menu, and then select Print.
2. Confirm that you have read the setup details on the topic.
3. Answer each of the questions on this page.
4. Enter a response or circle your answer. If circling, use a highlight marker to select an If statement that matches your response. The If statement tells you what you should do on the tab in the system.
5. Use one page of answers to set up each entity.

Questions for General Tab

A red asterisk * indicates a required field or selection.

Entity ID *

What ID do I want to use for this entity?

Enter an entity ID: ______________________________

Description *

What description do I want to use for this entity?

Enter an entity description: _______________________

Company ID *

With what company is the entity associated?

Enter a company ID: ____________________________

Consolidated

Do I want to generate consolidated financial reports for this entity?

Circle one: Yes or No.

On the screen:

—If yes, add a checkmark.

—If no, accept the default of no checkmark.

Allow Posting

Do I want to allow posting for this entity?

Circle one: Yes or No.

On the screen:

—If yes, accept the default checked.

—If no, remove the checkmark.

Policy Group *

What is the Policy Group I want to use for this Entity?

On the screen:

Enter the Policy Group: _______________

GL Calendar *

What general ledger calendar should I use for the entity?

Enter a calendar ID: _____________________________

Refer to Calendars for more information.

Current Period *

What current period should I use for the entity?

Enter a current period: ___________________________

Retained Earnings

What retained earnings general ledger account should I use for the entity?

Enter an account number: ________________________

General ledger accounts for entities are listed later in this process. Leave this question unanswered until you plan your general ledger accounts for entities. At that time, you can return to this questionnaire and complete the blank.

Accounting Type *

What accounting type do I want to use for this entity?

Circle one: Accrual or Cash.

Alternate Entity ID

Do I want to set up a Data Entry Shortcut for this entity?

Circle one: Yes or No.

If yes, enter an entity ID: __________________________
Be sure to select an entity that is valid for posting.

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Setup Plan Introduction

Setup Sequence