View Function Defaults

Viewing functional defaults

This activity allows you to view the function defaults set. You can view the functional defaults set for the finance book, the type of the adjustment, the sequence in which the debit documents must be adjusted against the receipt and the organization unit in which the receipt can be adjusted.

Select the “View Function Defaults” link under the “Customer Receipt” business component.

The “View Function Defaults” page appears.

The system displays the following:

Allow Multiple Finance Book Postings	Indicates whether financial postings can be made in multiple finance books or not.
Default Finance Book	The finance book in which account postings must be made for the login organization unit.
Allow Documents of Multiple Invoicing points	Indicates whether documents raised at different organization units will be available for adjustment.
Allow Cross Currency Receipts	Indicates whether cross currency receipts will be accepted or not.
Debit Document Adjustment Sequence	Indicates the sequence in which the debit documents would be adjusted if “Automatic” adjustment has been selected. It could be “LIFO” or “FIFO”.
	FIFO – indicates “First In First Out”, that is the adjustment must be made with documents that have been raised recently.
	LIFO – indicates “Last In First Out”, that is the adjustments must be made with first raised documents based on the payment due date.
Adjustment Type	Indicates the method in which the debit documents must be adjusted. It could be “Automatic”, “Manual” or “Both”.
	Automatic – indicates the system picks the debit documents of its choice for adjusting it with the payment received based on the adjustment sequence selected.
	Manual – indicates that the selection of the debit documents against which the payment received has to be adjusted is the prerogative of the user.
Default Adjustment Type	The default method in which the adjustment must be made.
Default Adjustment Point	The organization unit that has been set as an adjustment point.