Monday, July 29, 2019

Flex field Qualifier

Flex filed qualifier identifies segment in a flex field.

There are 6 types of Flex filed qualifiers.
  1. Cost Center Segment: This attribute is used to identify the cost center segment.
  2. Natural Account Segment: This attribute is used to identify the natural account segment.
  3. Balancing Segment: This attribute is used to identify the balancing segment. This is typically the company segment.
  4. Inter company Segment: This attribute is used to identify the inter company segment
  5. Management Segment: This attribute is used to identify the management segment.
  6. Secondary Tracking Segment: This attribute is used to identify the secondary tracking segment to process income statement closing, translation and revaluation.






















Can a flex field qualifier be changed after it has been created?

No.

Once a segment qualifier has been designated for a specific segment and has been saved, it will permanently have the attributes with that qualifier.

For example, you accidentally designate the cost center segment as the natural account segment. Even though you do not compile this, the system saves the changes. And once it has been saved, it will have all the attributes designated for the natural account qualifier, even after it has been changed back, re saved with the correct qualifier and compiled. This is the inherent functionality of the software.Unfortunately, there is no real easy solution for this issue. The only option is to create a new chart of accounts and attach a new set of books.

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