Very
often the GL Super Users create manual journals either directly from
the screens or using the Web ADI to upload the journals straight into
General Ledger. However account codes used in these manual journals are
secured via value set security and the cross validation rules. But this
level of security is not enough. For the sake of an example, the GL
Users must not be allowed to tamper with the amount of expenditure a
company has made on Office Furniture for their offices. Let us say that
all the GL Account segment value Office Furniture related expenses are
5115.
A
feature named Third Party account is a feature of R12 which helps keep
the Subledger like Payables or Receivables in sync with General Ledger.
The control account functionality of 11i is now called Third Party account in R12.
Some accounts should only be entered via the Subledger, and not be
allowed for manual journal creation in GL. Hence for those entries, we
can enable the qualifier to flag those as Third Party account.
In
the value set definition screen, query the segment value as shown in
image below. In this case, the Account Segment value is 5115. Against
the segment qualifier, in Third Party Control Account, select value =
Supplier, because in this example we will control the charges to this
account segment via Payables whilst ensuring that Supplier details are
specified. In other words, this configuration will ensure that you
cannot put a charge against office supplier into GL unless you have
specified the Supplier from whom the goods were purchased.
Now create a Journal from GL Super User as shown below.
Now let us try to create a manual journal from Payables.
Click create journal
Create journal lines using the account segment value of 5115. IMPORTANT - Do not enter the supplier details as yet in the expanded line section.
You will again get a message stating that the Account
code combination x.y.5115.z.a for line is a control account. Please
provide a third party site for such subledger journal entry line that
uses a control account.
Now
expand the lines region and in Third Party section capture the Supplier
Name and Supplier Site, whilst ensuring that the Third Party
Type=Supplier.
Now you can create a journal line with the Supplier details.
Subscribe to this comment's feedwritten by PrasadCP , December 21, 2010
written by This e-mail address is being protected from spambots. You need JavaScript enabled to view it , March 04, 2011
Links Of London demands. Even if the Olympic Site doesn't go to Spurs which I hope it doesn't, I fully expect Levy to look at other sites out of the area.
written by amjad mohar , May 28, 2011
regards,
Amjad
written by XED , September 21, 2011
please let me know what else i need to do
written by electronic ballast , November 18, 2011
Ningbo Zhengjia Electric Appliance Co., Ltd is a professional R & D manufacturer and exporter of electronic ballast for fluorescent lamps(FL) and Compact Fluorescent Lamps(PL).
written by ramalaxmareddy , November 30, 2011
written by block machine , January 11, 2012
Ningbo Yinzhou Nuoya Cement Block Machine Factory, a professional manufacturer and exporter of all kinds of Single and Multi Spring brick machine,concrete brick machine,block machine,We are a member of Building Block Association with excellent and advanced technology.
written by iwc portuguese replica , September 26, 2012
In case you are wondering: you are everything to me.
written by avinash rai , October 03, 2012
Similarily, If an Account has been qualified as Customer, May I do Direct booking in AP?
Please also explain meaning of Yes, No, Restrict Manual Journal, Supplier and Customer.
written by Harold Schmitt , May 08, 2013
That's the reason I routinely reserve the 'Supplier' indication for Liability accounts only. But again, I never really checked it myself.