MIN and MAX number of segments in Chart of accounts ?
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Answer Posted / dj
When you enable Automatic Offsets, Payables gives you a
choice of two different methods for building your
offsetting accounts on the basis of this default, Account
or Balancing.
If you select Balancing as your Automatic Offset Method,
payables takes the default liability account for the
invoice, substitutes the balancing segment from the invoice
distribution and uses that as the distribution's offsetting
liability account.
If you select Account as your Automatic Offset Method,
payables takes the account used for the invoice
distribution and substitutes the account segment from the
default liability account for the invoice, preserving all
other segment values.
Example: You selected Automatic Offsets as None, and your
Accounting Flexfield structure is Balancing Segment-Cost
Center-Account. Your default liability account for supplier
site ABC is 101-000-2300. You enter an invoice for supplier
site ABC and distribute it as follows:
DR 101-100-4500 $60
DR 200-201-4610 $40
Payables records the following liability account offsets
automatically when you approve the invoice:
CR 101-000-2300 $60
CR 101-000-2300 $40
Example: You enable Automatic Offsets using the Balancing
method, and your Accounting Flexfield structure is
Balancing Segment-Cost Center-Account. Your default
liability account for supplier site ABC is 101-000-2300.
You enter an invoice for supplier site ABC and distribute
it as follows:
DR 101-100-4500 $60
DR 200-201-4610 $40
Payables records the following liability account offsets
automatically when you approve the invoice:
CR 101-000-2300 $60
CR 200-000-2300 $40
Example: You enable Automatic Offsets using the Account
method, and your Accounting Flexfield structure is
Balancing Segment-Cost Center-Account. Your default
liability account for supplier site ABC is 101-000-2300.
You enter an invoice for supplier site ABC and distribute
it as follows:
DR 101-100-4500 $60
DR 200-201-4610 $40
Payables records the following liability account offsets
automatically when you approve the invoice:
CR 101-100-2300 $60
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