| # Company Parameters (tfgld0503m000) This session contains: A history list of parameter sets and their effective dates. The current parameter set, at the top of the list, without an effective date. To view historical settings, double-click one of the historical parameter sets. To view or change the current parameter settings, double-click the set without an effective date that appears at the top of the list. The Company Parameters (tfgld0503m000) details session starts. If you make changes and save the new parameter set, LN performs the following actions: Adds the new set to the history list. Updates the current set at the top of the list. Note It is strongly recommended that you block all the ledger accounts assigned to special purposes for manual input. In the Chart of Accounts (tfgld0508m000) session, select the Blocked for Manual Input check box for these accounts. Related topics Companies - overview Companies - setup Year-end processing General Effective Date The date and time that the parameters are valid. The parameters are valid up to the effective date of a more recent parameter setting. Company Data Group Company The group company to which the company belongs. History Company The archive company to which you archive the history data of the financial company. Related topics Archiving finalized transactions Actual Budget The budget to be used as default when comparing the actual figures and the budgeted figures. Default budget The actual budget is used as the default in several sessions in the Financial Budgeting System and Cost Accounting modules. All deviations between actual and budgeted figures are, for example, automatically calculated for the budget. Current Fiscal Year The current fiscal year. Allowed values You only need to enter this field when you start using LN. Thereafter, LN automatically increments the year, after it is closed. Accounting Department The accounting department of the current financial company. Related topics To use an accounting office Finalization Data Default Access by Batch Specify who can access a batch. Related topics Authorizations to finalize batches Finalization by Batch If this check box is selected, users designated as Finalization Administrator in the Finalization Administrators (tfgld0125m000) session, can finalize batches. Related topics Authorizations to finalize batches Print Journal Report If this check box is selected, LN prints a journal report when transactions are finalized in a Financials session. Note If no report options are selected and an error occurs, only an error report will be printed during finalization. Print Batch Status Report If this check box is selected, LN prints a status report when transactions are finalized in a Financials session. Note If no report options are selected and an error occurs, only an error report will be printed during finalization. Print Ledger Account Totals Report If this check box is selected, LN prints a report with ledger account totals when transactions are finalized in a Financials session. Note If no report options are selected and an error occurs, only an error report will be printed during finalization. Reversal Reversal Transaction Type The transaction type for reversal transactions. Reversal Series The series number for reversal transactions. Currency Diff. Ledger Accounts by Currency If this check box is cleared, define profit and loss accounts for the currency differences in any currency. If this check box is selected, you must define the ledger accounts for each currency in the Currency Difference Ledger Accounts by Currency (tfgld0119s000) session. Note Currency differences that occur for business partner transactions are always posted to the ledger accounts that you defined for the financial business partner groups in the following sessions: Financial Business Partner Groups (tfacp0110m000) in Accounts Payable Financial Business Partner Groups (tfacr0110m000) in Accounts Receivable Related topics Currency differences Profit Account Ledger Account The ledger account for the currency difference results. Allowed values Select a ledger account for which: The type is Balance Sheet or Profit & Loss. The sublevel is zero (0). In the Chart of Accounts (tfgld0508m000) session, the Fixed Asset Integration field and the Operations Management Integration field are both set to Not Applicable and the Integration Account check box is cleared. The account is not used as a control account. Related topics Currency differences Dimension Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information. Loss Account Ledger Account The ledger account for the currency difference losses. Allowed values Select a ledger account for which: The type is Balance Sheet or Profit & Loss. The sublevel is zero (0). In the Chart of Accounts (tfgld0508m000) session, the Fixed Asset Integration field and the Operations Management Integration field are both set to Not Applicable and the Integration Account check box is cleared. The account is not used as a control account. Related topics Currency differences Dimension Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information. Transaction Type The transaction type for the currency difference postings. Allowed values Select a Journal Vouchers transaction type. These postings are in the Calculate Currency Differences (tfgld5201m000) session. Transaction Type The description of the transaction type. Interim Accounts Inherit Dimensions for Interperiod Transactions If this check box is selected, LN inherits the dimensions for interperiod transactions from the dimension history. If this check box is cleared, you can enter the dimensions for interperiod transactions on company level. Interim Account - Statutory/Both Fisc Period Change - Original The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can select the account, depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Fisc Period Change - New The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can select the account, depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Rep. Period Change - Original The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can select the account, depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Rep. Period Change - New The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can select the account, depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Interim Account - Statutory/Local Fisc Period Change - Original The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can select the account, depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Fisc Period Change - New The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can select the account, depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Rep. Period Change - Original The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can select the account, depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Rep. Period Change - New The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can select the account, depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Interim Account - Complementary/Both Fisc Period Change - Original The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can define the account depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Fisc Period Change - New The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can define the account depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Rep. Period Change - Original The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can define the account depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Rep. Period Change - New The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can define the account depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Interim Account - Complementary/Reporting Fisc Period Change - Original The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can define the account depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Fisc Period Change - New The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can define the account depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Rep. Period Change - Original The ledger account to which a reversed transaction that affects two different periods is posted. This avoids an unallocated entry in one period. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Complementary Currency Base Reporting and that: Does not use dimensions Does not use any integration Is not used as a control account. Rep. Period Change - New The ledger account used for unbalanced transactions with transaction lines from two different periods. Allowed values Select a ledger account that has: Type Balance Sheet The sublevel zero (0) Dual Accounting Indicator Statutory Currency Base Both and that: Does not use dimensions Does not use any integration Is not used as a control account. You can define the account depending on: The Dual Accounting Indicator field The Currency Base field The fiscal and reporting periods. Retained Earnings Dimension Accounting on Retained Earnings If this check box is selected, LN derives the dimensions for retained earnings from the dimension history. If this check box is cleared, you can enter the dimensions for retained earnings on company level. Statutory Ledger Account The statutory ledger account for retained earnings. The statutory interim account to which the profit and loss result is posted during the year closing in one of the following sessions: Close Year - Provisional (tfgld6201m000) Close Year (tfgld6203m000) Allowed values Select a ledger account that has: type Balance Sheet the sublevel zero (0) is not used in any integration is not used as a control account. LN records the balance of all profit and loss entries in this account. Dimension Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information. Complementary Ledger Account The complementary ledger account for retained earnings. The complementary interim account to which the profit and loss result is posted during the year closing in one of the following sessions: Close Year - Provisional (tfgld6201m000) Close Year (tfgld6203m000) Allowed values Select a ledger account: of type Balance Sheet with sublevel zero (0) which is not used in any integration which is not used as a control account. LN records the balance of all profit and loss entries in this account. Dimension Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information. Destination Gain/Loss Destination Gain/Loss for Independent Multicurrency Destination Gain Account 1 The default ledger accounts to which the calculated destination gain is posted in the Calculate Destination Gain & Loss (tfgld5202m000) session. You can overrule this setting by choosing other destination gain and loss ledger accounts in the Chart of Accounts (tfgld0508m000) session. Destination Gain Account 2 The default ledger account to which the calculated destination gain is posted in the Calculate Destination Gain & Loss (tfgld5202m000) session. You can overrule this setting by choosing other destination gain and loss ledger accounts in the Chart of Accounts (tfgld0508m000) session. Destination Loss Account 1 The default ledger account to which the calculated destination loss is posted in the Calculate Destination Gain & Loss (tfgld5202m000) session. You can overrule this setting by choosing other destination gain and loss ledger accounts in the Chart of Accounts (tfgld0508m000) session. Destination Loss Account 2 The default ledger account to which the calculated destination loss is posted in the Calculate Destination Gain & Loss (tfgld5202m000) session. You can overrule this setting by choosing other destination gain and loss ledger accounts in the Chart of Accounts (tfgld0508m000) session. Transaction Type The transaction type for destination gain and loss transactions generated in the Calculate Destination Gain & Loss (tfgld5202m000) session. Allowed values Select a Journal Vouchers transaction type. Gain/Loss Account by Currency If this check box is selected, the account for balancing documents must be defined by currency in the Additional Currency Features (tfgld0129m000) session. Statutory Exchange Gain/Loss Account Exchange gain and loss amounts calculated for integration transactions are posted to this account. Note The account specified applies to all currency systems. Related topics Exchange Gain and Loss account Complementary Exchange Gain/Loss Account Exchange gain and loss amounts calculated for integration transactions are posted to this account. Note The account specified applies to the standard currency system only. Related topics Exchange Gain and Loss account Balancing Balancing Method The method of posting the balanced profit and loss accounts. You can balance profit and loss accounts in the Automatic Balancing of Profit and Loss Accounts (tfgld6202m000) session. For details, refer to Balancing Methods. Related topics Source of earnings accounts - setup Transaction Type The transaction type for profit and loss account postings. Statutory Ledger Account The ledger account for automatic balancing. Allowed values Select a ledger account: of type Profit & Loss. with sublevel zero (0). which not uses any integration. which is not used as a control account. LN uses this account in the Automatic Balancing of Profit and Loss Accounts (tfgld6202m000) session, as a contra account for the profit and loss accounts that are emptied. Dimension Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information. Complementary Ledger Account Set the ledger account for automatic balancing. LN post the subtotal of all profit and loss account balances to this account. Allowed values Select a ledger account: of type Profit & Loss with sublevel zero (0) which not uses any integration which is not used as a control account. Dimension Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information. Rounding Diff. Statutory Ledger Account The ledger account for rounding differences. Allowed values Select a ledger account that: Is of type Profit & Loss. Has sublevel zero (0). Is not used in any integration. Is not used as a control account. Related topics Rounding Dimension Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information. Complementary Ledger Account The complementary ledger account for rounding differences. Allowed values Select a ledger account that: Is of type Profit & Loss. Has sublevel zero (0). Is not used in any integration. Is not used as a control account. Related topics Rounding Dimension Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information. Currency Translation Currency Translation Statutory Ledger Account The temporary ledger account for currency translations. The temporary ledger account for currency translations which is, for example, used if: the invoice is paid in another currency than the invoice currency an advance or unallocated amount is assigned to an invoice and the currency of the amount differs from the invoice currency. Allowed values Select a ledger account: of type Balance Sheet with sublevel zero (0) which is not used in any integration which is not used as a control account. Related topics Currency Translation account Dimension Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information. Related topics Ledger account and dimension structure Using dimensions Currency Translation Complementary Ledger Account The temporary ledger account for currency translations. The temporary ledger account for currency translations is, for example, used if: the invoice is paid in another currency than the invoice currency an advance or unallocated amount is assigned to an invoice and the currency of the amount differs from the invoice currency. Allowed values Select a ledger account: of type Balance Sheet with sublevel zero (0) which is not used in any integration which is not used as a control account. Note
    Accounts receivable:
    Payment     80 USD, which equals 90 EUR
    Invoice     90 EUR

    Posting:
    D Cash                 80 USD
    C Translation account  80 USD

    D Translation account  90 EUR
    C Accounts receivable  90 EUR
The translation account must be balanced if all amounts are expressed in the home currency. It is used to translate currencies and not to post differences. Dimension Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information. Matching Matching Parameters Statutory Matching Account When matching transactions for a matchable statutory account, if there is a difference between credit amounts and debit amounts, the difference is posted to this account. Related topics GL Account matching (Old) Complementary Matching Account When matching transactions for a matchable complementary account, and there is a difference between credit amounts and debit amounts, the difference is posted to this account. Related topics GL Account matching (Old) Matching Tolerance (Percentage) The tolerance percentage. If a credit transaction and the debit transaction to which it must be matched differ by less than this percentage, the transactions can be matched. You can match transactions in the GL Account Matching - Manually (tfgld1516m000) session and the GL Account Matching - Automatic (tfgld1216m000) session. Related topics GL Account matching (Old) Absolute Tolerance Amount If a credit transaction and the debit transaction to which it must be matched differ by less than this amount, the transactions can be matched. You can match transactions in the GL Account Matching - Manually (tfgld1516m000) session and the GL Account Matching - Automatic (tfgld1216m000) session. Related topics GL Account matching (Old) Currency The matching tolerance amount is always in the reference currency. Matching Transaction Type The default transaction type for the matching transactions that can be generated during GL account matching. Related topics GL Account matching (Old) Manual Matching Parameters Prevent Incomplete Matching for the same Transaction Currencies If this check box is selected, you can only match the transactions if the difference amount in each of the home currencies is zero. If this check box is cleared, LN can generate a matching transaction for the difference amount when you match the transactions. Note This option only applies if you manually match transactions in the same transaction currency in the GL Account Matching - Manually (tfgld1516m000) session. Related topics GL Account matching (Old) Allow Matching Based on Difference for the same Transaction Currencies If this check box is selected, LN can generate a transaction for remaining small difference amounts in the home currencies after matching the transactions. Note This option only applies if you manually match transactions in the same transaction currency in the GL Account Matching - Manually (tfgld1516m000) session. Related topics GL Account matching (Old) Allow Matching for different Transaction Currencies If this check box is selected, transactions in different transaction currencies can be matched. If this check box is cleared, you can only match transactions in the same transaction currency. Notes If you select this check box, it is recommended that you also select the Allow Matching Based on Difference for different Trans. Currencies check box, as for transactions in different transaction currencies, such differences usually occur. This option only applies if you manually match transactions in the GL Account Matching - Manually (tfgld1516m000) session. Related topics GL Account matching (Old) Prevent Incomplete Matching for different Transaction Currencies If this check box is selected, you can only match the transactions if the resulting difference amount in each of the home currencies is zero. Note This option only applies if you manually match transactions in different transaction currencies in the GL Account Matching - Manually (tfgld1516m000) session. Related topics GL Account matching (Old) Allow Matching Based on Difference for different Trans. Currencies If this check box is selected, LN can generate a transaction for remaining small difference amounts in the home currencies after matching the transactions. Note This option only applies if you manually match transactions in different transaction currencies in the GL Account Matching - Manually (tfgld1516m000) session. Related topics GL Account matching (Old) Matching Currency for different Transaction Currency If the transaction currencies differ, this currency is used for the matching transaction. If this field is blank, the reference currency is used. Note The reference currency is always used as the basis for the calculation of the tolerances. This option only applies to manual GL account matching in the GL Account Matching - Manually (tfgld1516m000) session. Related topics GL Account matching (Old) External Journals Default Transaction Type The transaction type to be used for missing or incorrect transaction types when journal transactions are imported. Default Series The series to be used for missing or incorrect series when journal transactions are imported. Use Suspense Account If this check box is selected, you can specify a suspense account to be used when journal transactions are imported using the Post Imported Journal Transactions (tfgld2215m000) session. If this check box is cleared, incorrect journal voucher lines will be rejected when journal transactions are imported. Suspense Account The suspense account to be used when journal transactions are imported using the Post Imported Journal Transactions (tfgld2215m000) session. Concepts Bank Reference Check The type of bank reference number check that is used by the banks in the financial company's home country. To include bank reference numbers on invoices and payment documents, select a value other than Not Applicable. For sales invoices, if the country of the customer is the same as the country of the sales office, LN generates the bank reference number when the invoices are composed. You can define the composition data for bank reference numbers in the Bank Reference Positions by Country (cisli1130m000) session. For purchase invoices, if the country of the supplier is the same as the country of the purchase office, LN applies the check indicated by the bank reference number operator in all the sessions in which bank reference numbers are entered or processed. If the bank reference number does not include an operator, by default LN applies the check that you select here. If you select Not Applicable, the bank reference number functionality is not available. Possible values Related topics Bank reference numbers Account Matching If this check box is selected, account matching is used in this financial company. Related topics Currency calculation and the independent currency system Factor Invoices If this check box is selected, you can factor the accounts receivables that are processed through the current financial company. Related topics Factoring Journal Book If this check box is selected, you can set up and generate the journal book. Note If non-finalized transactions exist in the company, you cannot change the selection of this check box. Related topics Journal book - overview To set up the journal book VAT Book If this check box is selected, you can set up the VAT book and generate VAT book reports. Related topics VAT book - overview To set up the VAT book Separate Account for Paid Advance Installments If this check box is selected, LN creates the financial transactions required to post invoiced and paid advance invoices to separate ledger accounts. Related topics Separate ledger accounts for advance installments Schedules Mandatory If this check box is selected, you must link a payment schedule to every invoice. If this check box is cleared, using payment schedules is optional. Related topics Payment schedules – overview Payment Method Mandatory If this check box is selected, a payment method must be available on every invoice header or, if a payment schedule is linked to the invoice, for every payment schedule line. If payment methods are mandatory and no payment method is available for an invoice or for a payment schedule line, LN blocks processing of the invoice. LN prints the payment method on sales orders, purchase orders, service orders, and the related invoices. Declarant's Address The declarant's address that must be printed on the Belgian Balance of Payments report. Related topics The Belgian Balance of Payments report data Recurring Journal Invoice Creation If this check box is selected, users can choose whether recurring transactions are created for journal vouchers, purchase invoices, or sales invoices. If this check box is cleared, recurring transactions can only be created for journal vouchers. |