Setting function defaults - A summary of the activity

This activity allows you to set the function defaults for this business component.

The following functions can be set using this activity:

• Provide a check for debit total by enabling the input control total.

• Specify the exchange rate type to be used for default of exchange rate during the transaction.

• Whether to allow the transactions to be posted in multiple finance books. The transactions can be posted in single finance book by specifying the default finance book.

• Reverse transactions in future.

• Specify numbering type for Accrual Journal, Accrual Journal – Reversal, and Accrual Run #

• Specify lead time for accrual processing

• Set whether to allow future period reversals or not

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