IBM SG24-7645-00 Create currency codes, Disable validation options, Create item and company sets

7645config.fm Draft Document for Review May 23, 2008 10:14 am

Create currency codes

Currency codes is your measure of exchange in monetary terms, currencies are required for your system to determine in which currency you will be measuring your financial transactions against. Assess your base currency that your organization utilizes before assuming the next step.

You must define a currency code for an organization. To define a currency code for an organization, complete the following steps:

1.Open the Currency Code application for Users by selecting Goto → Financial →Currency Code

2.Click New Row.

3.Enter a currency code, for example, USD (United States Dollar)

4.Click Save.

Disable validation options

It is advisable to disable or uncheck the validation options in order to begin populating or importing data. Having the validation options enabled during initial configuration, each entry made will be validated against a financial period which at this stage of the deployment is not required. You can always revalidate these options again at a later stage

1.Open the Financial application by selecting Goto → Financial →Chart of Accounts.

2.Go to Select Actions.

3.Choose Validation Options.

4.Uncheck both Validate GL Component Combinations as well as Validate Financial Periods.

5.Click OK.

Create item and company sets

Sets allow you to share Item and Companies records across Organizations, although you can only create 1 Organization and site in Maximo Enterprise Essentials you must still perform this step.

To define sets, complete the following steps:

1.Open the Sets application for Users by selecting Goto → Administration →. Sets

2.Click New Row.

3.Enter a company set name, for example, COMPSET.

4.Enter COMPSET in the Type field.

104Maximo Essentials V7.1 - Implementer’s Guide