Setting Up Financial Management › Financial Management System Defaults › Set File Maintenance Defaults

Set File Maintenance Defaults

Set system-level defaults for processing financial transactions or for financially enabling new investments.

Follow these steps:

1. Open Administration, and from Finance menu, click Setup.

   The financial organizational structure appears.

2. Click Defaults.

   The financial management defaults appear.

3. In the File Maintenance section, complete the following fields:

   Entity

   Defines a default entity to use for financial management.

   Location

   Defines the default location to use for financial management.

   Department

   Defines the default department to use for financial management.

   Investment Class

   Defines the default investment class to use for financial management.

   WIP Class

   Defines the default work-in-progress class to use for financial management.

   Company Class

   Defines the default company class to use for financial management.

4. Save the changes.

More information:

Financial Management System Defaults