Why should i attach the Natural Account flex field qualifier
to the segment?
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Answer / sivaramulu.k
Natural accounting is assigned for creating status of values either asset or liability or Expenses.
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / ismael
the natural account flex field qualifier is used to segment when you want to identify the behavior of the account ex:assets , expenses , liability etc... .
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / biduth chakraborty
The Natural Account Flexfield Qualifier signifies the value
to be provided to the segment. The values are Categorized
in accounts i.e., Assets, Liability, Revenue, Expense, Fund
Balances etc. Also it allows the user to define the Control
Accounts as well the option of reconcilition Required for
accounts.
| Is This Answer Correct ? | 3 Yes | 0 No |
Actually we are having 2 segment qualifiers, They are
1) Allow Posting
2) Allow Budgeting
To add Three more Segment Qualifiers to above we are assigning natural accounting Segment to Accounts Segment. Then
1) Allow budgeting
2) Allow Posting
3) Account Types (liability, Asset, Expense, Revenue, Ownership)
4) Reconcile
5) Third Party Control
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / loren
Flexfield qualifier enabling upon checking will associate
the segment to its functions. And if my memory serves me
right there are 4 qualifiers such as balancing segment,
natural account, cost responsibility center and
intercompany. For example if :
- segment1 is assigned as company you will enable the
qualifier to this segment as the balancing segment. And this
for the balance sheet generation purposes
- segment2 is assigned as natural account you will enable
from the list of qualifiers as a natural account
-segment 3 is cost responsibility center enable the
qualifier as cost responsibility center
| Is This Answer Correct ? | 3 Yes | 3 No |
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