Define Reporting Transaction Type

Explanation

This activity is used to define reporting transaction types. Reporting transaction types are used to differentiate transactions from different sources in the Group Consolidation process, e.g. reported balances and adjustment journals.

Prerequisites

In order to perform this activity, a master company (i.e. a company with the Master Company check box selected in the Company/General tab) should exist.

System Effects

As a result of this activity, reporting transaction types will be available in the system to be used in the Group Consolidation process.

Window

Reporting Transaction Types

Related Window Descriptions

Reporting Transaction Type

Procedure

To define a reporting transaction type:

1. Open the Reporting Transaction Types window and create a new record.
2. Enter an ID for the reporting transaction type in the Reporting Transaction Type field and a description in the Description field.
3. Select a value for the Function field to indicate whether the reporting transaction type should be used for reporting, for handling adjustment journal entries or for creating opening planning balance journals.
4. If you select Reporting or Opening Balance for the Function field, specify a journal ID in the Journal field.
5. Select the Allow Currency Rate Modifications check box if it should be possible to modify the default period rate and/or amount in reporting entity currency when entering adjustment journal rows. Note that this check box can only be selected for reporting transaction types with Adjustment function.
6. Save the information.