Define each Flexfeild qualifiers (natural accounts,
balancing acc., secondary tracking, cost center)
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Answer Posted / hussain
Flexfield qualifiers are related to segment type i.e
income,exp,asset...posting,budgeting,reconciliation flag.
Natural Account qualifier help u to understand what type of
account it is and where it should reflect like the P&L
account or the Balance sheet
Balancing segment qualifier is for balancing of debit and
credit amount of any transaction.
Hence balancing and account qualifiers are mandatory bcoz
the transaction should balance and should also have its
effect on financial statements like P&L and Balance sheet.
Cost center helps u in cost analysis of dept
Never user secondary tracking so not very sure
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