Financial Management Introduction › Financial Management Prerequisites

Financial Management Prerequisites

Before you can work with financial management, you must set up the following at a minimum:

• Entity. Required for any type of financial processing.
• Fiscal time periods. Used with financial planning and chargebacks.
• Financial classes. Used to process transactions or for reporting purposes, such as resource classes, company classes, WIP classes, investment classes, and transactions classes.
• Currencies. Used if multicurrency is implemented.

Note: See the Administration Guide for more information.

Users must also be granted specific access rights to work with any financial management feature.

More information:

Access Rights (Financial Management)