This gives you the possibility not to be obligated for creating different master cards for each financial account.
You may need to define different currencies for the business unit.
Instead of creating different cards for each different currency, you can add multiple financial accounts to a created card.
Because; there is only one business unit and you need to create the financial accounts just to indicate transactions in same currencies.
By creating multiple financial accounts with different currencies, you will get rid of creating multiple master cards and trying to manage them.
Financial Account Type
As explained in above paragraph, you can create extra financial accounts for the following type:
OUA - Our Business Unit
Accounting Information
You can select a GL Account , to which the postings will be made, from the window.
Then you can select one of the following Accounting Methods from combo box.
ACR - Accrual Basis Accounting
CSH - Cash Basis Accounting
Partner Credit and Risk Management
You can determine whether credit control will be applied to the business unit under "Commercial" tab -> "Creditve Risk" tab.
You can choose:
No Credit Control
Partner Based Credit Controlling
Current Account Based Credit Controlling
Business Partner + Current Account Based Credit Controlling
You can check credit both during;
Order Creation: You can determine actions to be taken in case of exceeding credit limits, such as to deliver an alert or not to let order creation.
Shipment: You can determine actions to be taken in case of exceeding credit limits, such as to deliver an alert or not to let shipment.
Credit Limit Information
You can determine following credit limit information, so that the system will not let to continue transactions if they are exceeded.
Partner Credit Limit
Credit Exceeding Amountve %: You can determine a credit exceeding amount or percentage by typing into related fields.
Total Credit Limit
Risk Calculation Parameters
You can determine following parameters for risk calculation.
Open Account Balance Included in Calculation of Risk ? : If yes, you can check the check box.
Uncollected Checks Included in Calculation of Risk ? : If yes, you can check the check box.
Own Check Risk Factor: You can type the "Factor".
Endorsed Check Risk Factor: You can type the "Factor".
Uncollected Promissory Notes Included in Calculation of Risk ? : If yes, you can check the check box.
Own Promissory Note Risk Factor: You can type the "Factor".
Endorsed Promissory Note Risk Factor: You can type the "Factor".
Uninvoiced Dispatch Notes Included in Calculation of Risk ? : If yes, you can check the check box.
Dispatch Types: You can determine dispatch types.
Unshipped Orders Included in Calculation of Risk ? : If yes, you can check the check box.
Order Types: You can determine order types.
Recording Our Company Business Unit's Bank Current Accounts and Credit Cards
You can keep our company business unit's bank account information under "Commercial" tab -> "Bank Current Accounts" tab and credit card information under "Commercial" tab -> "Credit Cards" tab.
Determining Responsible Staff
You can determine the staff, who will be responsible from business unit, under "Organizational" tab -> "Staff" tab.