Configuring the Financial Module

The Sage Intacct General Ledger (GL) module in SEI includes two GL data models:

• GL Summary: This data model provides a summarized, account-level view of financials. It is useful for quick, high-level summary reports. Opening and Ending Balances have their own fields.

• GL Transactions: This data model includes line-level transaction details. Opening Balances for every account will be found as a record in fiscal period 1.

The Opening Balance must be generated for both the GL Summary and GL Transactions data models. This can be done using an info page in the configuration folder and can later be automated using the OLAP Manager. Both data models rely on the same report codes, which can be configured in the configuration folder as well.

Mandatory GL configurations

You must configure the GL module as described in these topics:

• Calculating the Opening Balance

• Configuring Report Codes

Optional GL configurations

You can configure additional features as described in these topics:

• Mapping UDD Fields

• Generating Book Exchange Rates

• Automating Opening Balance and Book Rate calculations: The processes that calculate the Opening Balance and Consolidation Book Rates can be set up to execute automatically using the OLAP Job Scheduler.