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    System Options – FACTS
    • 23 Apr 2024
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    System Options – FACTS

    • Updated on 23 Apr 2024
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    System Options – FACTS

    You can set the following default options to apply to every FACTS Transaction in FIMS. This can save time in the data entry process, and any of the default values can be changed when you are working with a specific record.

    Please contact FIMS Support before setting these options.

    Option

    Values

    Description

    Disbursement Processing

    Allocation

    Transaction

    Determines the default method for processing disbursements.

    Choosing Allocation causes Pool Allocation Processing to act as another allocable value that affects price per unit but not units.

    Choosing Transaction processes disbursements like a sell Transaction at the end of the last day in the Cycle. This method affects the units and not the price per unit.

    Use Unknown Confirm Date

    Yes

    No

    Indicates whether posting from General Ledger will create FACTS Transactions with an unknown or blank Confirm Date.

    If you select Yes, an unknown or blank Confirm Date will be used. If you select No, the General Ledger Apply Date will be used as the default Confirm Date (but can be changed, if necessary).

     

    Setting FACTS System Options

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