Company Controls Edit MEAB

Use this screen to define the way in which your General Ledger company will function.

Enter Current Period/Year when General Ledger processing begins. Only enter this field the first time using this screen. Running the month-end closing process increments the period.

Enter one of the following in Control Accounts Code:

Close Out Account Number, previously defined as a BS account
Journal Suspense Account, posted by data entry
Currency Rounding Account, posted as a result of currency rounding

The first time you use this screen, enter the Calendar name for which the company's General Ledger is based.

If you are using Intra-company accounting, enter the Structure code to use as the Intra-company Accounting structure for the company. See Intra company Accounting for more information.

If an ICA structure code has been entered, enter a relevant management Code-ID. See Intra company Accounting for more information.

Enter the number of Days Transactions Are Current in the range of 0-999. Account transactions are held on the current file before moving to the archive file. See Archiving and Summarisation for more information.

Enter Statistical Balance Class to represent statistical values. To hold different types of statistical values, define an alternative statistical balance class for each account on the Nominal screen MEBB.

If foreign currency processing is active, enter Currency Rate Type on the Currency Ctrls format of the Company Controls screen MEAB. This field must contain a valid rate type that applies to the base currency for the company. This rate type determines which exchange rates apply.

You can set Suspense Account processing so that suspense accounts can be used on either on-line journals and interface journals, interface journals only or not to be used at all. This provides you with the opportunity to force users entering journals on line to provide correct account codes and account code combinations, while allowing errors detected on overnight interfaces to be posted to the designated suspense account.

You can set the Project Relationship Code Id to indicate which of the GL management code segments can potentially control project validation.

As of v5.5 A new setting has been added to the Suspense Transfer Period drop down menu within the Date Entry Control tab. This determines how suspense error corrections are handled within . Possible settings will be:

Original Period - The Suspense entry is cleared in the period in which it took place (Existing functionality).
Current Period - The Suspense entry is cleared in the current period but also automatically reversed from the period in which it originally took place (Existing Functionality).
Current and Next Per - Similar to Current Period but will allow postings that are for a future period to go to the next GL period.

Screen Specific Actions

Action	Use
VIEW COST ALLOCATION CONTROLS	Click View \| Alloc Ctrls to display the Cost Allocation Controls - View screen MEFO for the specified company.
VIEW PLANNING CONTROLS	Click View \| Plan Ctrls to display the Planning Controls - View screen MEHA for the specified company.
AMEND COST ALLOCATION CONTROLS	Click Amend \| Alloc Ctrls to display the Cost Allocation Controls screen MEFO for the specified company, for adding or amending cost allocation controls while editing company controls.
AMEND PLANNING CONTROLS	Click Amend \| Plan Ctrls to display the Planning Controls screen MEHA for the specified company to add or amend planning controls while editing company controls

If not described elsewhere in this topic, click in the field and press F1 to view a description. See Common Fields for more information.

Fast prompt allows you to quickly view a list of options for certain fields.

NOTE Field visibility can be defined by your System Administrator, so not all fields documented may be shown.

See Using the Command Line on opening the screen without going through the menu.