Financial Management Introduction › Initial Setup

Initial Setup

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

1. Currencies if multicurrency is implemented.
2. Entities required for any type of financial processing.
3. Fiscal time periods used with financial planning.
4. Financial classes used to process transactions.
5. Financial cost/rate matrix to populate costs for transactions and financial plans.
6. Access rights to financial management features for users.