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Business Unit Setup (BUS) |
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Sun Documentation -
General Ledger
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Page 6 of 8
Value 4 Entries Tab
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Value 4 properties refer to the fourth of the four currency values that can be held on each transaction.
4th Currency Value Name
A generic name given to the Value 4 currency value entered on posting transactions. For example, banking currency.
4th Currency Code
The code identifying the fourth currency if this currency is fixed. Leave blank if the fourth currency is to be defined as variable.
Note: If this currency has not been defined using Currency Codes Setup (CN), it is added automatically.
4th Currency Posting Rule
The posting rule that controls whether or not the currency value is required on each ledger posting transaction. Available options are:
- undefined – this option prevents a fourth currency value being entered or imported on any transactions.
- only present if entered - this option allows a fourth currency to be entered manually on a transaction. However, the value is optional, so if a fourth currency code is not entered a value is not calculated.
- calculated if not entered - this option means the transaction currency value is mandatory. If the transaction currency code is entered, the transaction value is calculated from whichever value is defined in the Fourth Currency Calculate From field.
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Tip: If currency adjustments need to be made in this currency alone, these posting rules can be overridden on a journal type.
4th Currency Calculated From
This option defines the value from which the fourth currency is calculated. Options are:
- Undefined
- From Value 1
- From Value 2
- From Value 3
- From Value 5.
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4th Currency Amount Balancing
You may wish to force the fourth currency values on the transactions in a journal to balance, that is to net to zero. Sometimes, the values may not be exactly balanced due to conversion rounding errors. This option determines whether the transactions must balance, and if so how an imbalance is corrected. Three options are available:
- None - the currency values do not need to balance.
- Manual - the user must manually balance the transaction currency values in the journal.
- Automatic - the system posts the amount of the imbalance to one of the Value 4 Currency Balancing accounts, depending on whether the difference is a debit or credit value.
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4th Curr Amt Bal ToleranceThis amount is used as a tolerance check if the automatic balancing option is being used to balance the fourth currency values on transactions. If the amount of an imbalance is greater than this amount, it cannot be posted automatically. This prevents very large postings being made under the guise of rounding errors. 4th Curr Value Bal Account CrThe ledger account to which any automatically generated, fourth currency balancing transactions with a credit value are posted. If you leave this blank, all balancing transactions are posted to the Debit/Net Balancing account. 4th Curr Value Bal Account DrThe ledger account to which any automatically generated, fourth currency balancing transactions with a debit value are posted. |
General Ledger 
