1. EUG
Finance

2. National Accounts

3. National Accounts
National Accounts are used to define Customer relationships within Accounts Receivable
Allow the ability to accept payments from one customer on behalf of another Customer in the relationship
Allow credit checking with hierarchy against the customers in the relationship
Allows for a reporting hierarchy for the customers in the relationship
Can be used for Global Customers

4. Relationship Class Relationships can be Tiered Non Tiered
Links one or more child customers to a single parent
Non Tiered
Links multiple child customers to one parent or one child to multiple parent customers

5. Shared Credit
Share credit across members of the national account relationship
Use Parent’s Credit
Children can use credit of their Parent
Share Credit
Allows a customer to share credit with other customers in the National Account relationship
Credit Pool
New summary fields specific to Revaluation. When selected appear in summary mode as columns and in detail mode as totals

6. Let’s take a look…

7. Exchange Rates

8. Settings – Co Config Default Rate types – table for selling, buying
Rate Locking – when source is the same as target locking options
Bank Transfer – use rates, use explicit transfer amount or source amount
Sub-Ledger revaluation defaults – Report, reverse or no Reverse.

9. Currency Master
Tip – If Multi- Company ensure that the Currency Code matches in all companies to avoid issues in inter-co trading.
Scale factor – removing 00’s after the dec point currencies like the peso
Base, Transaction and Reporting x 3
GL control – Gain\loss realised and un-realised
New summary fields specific to Revaluation. When selected appear in summary mode as columns and in detail mode as totals

10. Rate Types
New summary fields specific to Revaluation. When selected appear in summary mode as columns and in detail mode as totals
Direct - Multiplies an amount in the source currency against the exchange rate for the target currency.
Inverse - Divides an amount in the source currency against the exchange rate for the target currency.

11. Other Rate Types
Cross-Rate - Uses an intermediate, or Interim, currency to convert amounts between the source and target currencies. Depending on the direction, the conversion rule between Source to Interim and Interim to Target will either be Direct or Inverse. The Interim currency is selected as a default value for the rate type; you select this currency from the Cross-Rate list.
Alternate Cross-Rate - Uses an alternate Interim currency to convert amounts between the source and target currencies. Just like the Cross-Rate conversion, the conversion rule between Source to Interim and Interim to Target will either be Direct or Inverse depending on the conversion direction. The alternate Interim currency is selected as a default value for the rate type; you select this currency from the Alternate Cross-Rate list.
Double Cross-Rate - Uses two Interim currencies to convert the source amount to the target amount. This conversion rule runs the Direct calculation to convert the amounts from the Source to Primary Interim, Primary Interim to Secondary Interim, and Secondary Interim to Target. You define the Interim currencies as default values on the rate type; the Cross-Rate currency is the Primary Interim and the Alternate Cross-Rate currency is the Secondary Interim.
Reverse Double Cross-Rate - Uses two Interim currencies to convert the source amount to the target amount. This conversion rule runs the Inverse calculation to convert the amounts from the Source to Primary Interim, Primary Interim to Secondary Interim, and Secondary Interim to Target. You define the Interim currencies as default values on the rate type; the Cross-Rate currency is the Primary Interim and the Alternate Cross-Rate currency is the Secondary Interim.

12. Revaluation
New summary fields specific to Revaluation. When selected appear in summary mode as columns and in detail mode as totals

13. Locking records Excluding transactions Check the lock box & fix in the
rate
Sales orders, Purchase orders
AP & AR Invoices

14. Currency GL Accounts Post journals and hold accounts in Currency
GL Revaluation (Reverse\non-Reverse)
Petty Cash \Bonds \ Fixed asset FC value \ Currency loans
N.B. Make sure you don’t re-value a bank account twice.

15. Credit Control

16. Let’s take a look…