The Finance Parameters are used to specify certain characteristics of finance transactions, controls to be performed and control method defaults. This option is located on the Definitions menu of the Administration section. The Finance Parameters window contains the following defaults, parameters, and functions:
DEFAULTS |
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Purchase VAT Rate (%) |
The default value of purchase and sales VAT rates. VAT rates specified on this field are transferred into materials and then into the VAT Rate fields of slips and invoices as default, and can be changed if necessary. |
Return VAT Rate (%) |
The VAT Rate specified on this parameter line is displayed as default on the VAT rate field of return invoices. |
Retail Sales VAT Rate (%) |
The VAT Rate specified on this parameter line is displayed as default on the VAT rate field of retail sales invoices. |
Retail Sales Return VAT Rate (%) |
The VAT Rate specified on this parameter line is displayed as default on the VAT rate field of retail sales return transactions. |
Surcharge VAT Rate (%) |
The VAT Rate specified on this parameter line is displayed as default on the VAT rate field of surcharges related to invoices. |
Payment / Collection Plan Rounding Base |
The rounding base default for payment / collection plan lines. The rounding base specified on this field is transferred as default into plan definition lines and can be changed if necessary. |
Invoice Print Number |
The number of times printed (invoice) default value of the AR/AP. The number specified on this field is transferred as default into AR/AP records and can be changed if necessary. |
Batch Billing Rule |
This parameter line is used to specify how the batch printing will be done. The batch billing rule parameter line contains the following options:
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Partial Order Delivery |
The parameter used to indicate how the AR/AP orders would be delivered. The order can be delivered completely or partially. This parameter line contains Yes and No options. The selection made on this field is transferred as default into AR/AP records, and can be changed on the record if necessary. "No" is selected if partial shipment will not be performed. In such cases, the order transfer (transactions) option is not available on the right mouse button of dispatches/receipts and invoices. The orders are transferred into dispatches/receipts or invoices using the order transfer (transactions) option. The Order Slip to be delivered is selected. Data displayed on the quantity and unit fields on invoice and dispatch lines cannot be changed. |
Banks Slips, Safe G/L and Bank Transactions VAT Rate |
This parameter is displayed among Finance Parameters when the German legislation is used. This value indicates the VAT rate default applied to G/L and bank transactions recorded in the safe deposit section with Bank Slips. |
Multiple Add Bank Slip – Slip Type |
The bank slip type default in "Multiple Add Bank Slip" operation. |
Status |
The parameter is used to specify the AR/AP card status that will be transferred as default into records. The field contains Active and Passive options. |
AR/AP Slip Status |
The parameter used to specify the AR/AP slip status processed as default in transactions. This field contains Actual and Proposal options. |
Alert Amount in Payments / Collections |
In accordance with tax procedure law notification numbered 322, it is obligatory to make payments and collections exceeding 8.000 TL amount via bank, industrial bankers or general directorate of Turkish post. |
Usage Point |
The usage point default of the AR/AP records. The parameter is used to specify the modules that the AR/AP records can be used.
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Banking Insurance and Transaction Tax |
The banking insurance and transaction tax default to be valid in letters of guarantee. |
Stamp Tax |
The stamp tax default to be valid in letters of guarantee. |
Cash Transactions with Proposal Status as Default |
The default registration status of the safe deposit transactions. In order to generate workflows in safe deposit transactions, safe deposit transactions have to be registered in "proposal" status.
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Company Check / Customer Check / Endorsement Check / Company P. Note / Customer P. Note / Endorsement P. Note Factor |
Risk factors show when and in which amount risk fields will be updated in check/p.note operations. The specified values in these parameter lines are transferred to the risk factor fields in check/p.notes in AR/AP records, and they can be changed if preferred. |
AR/AP Collection/Payment Safe Deposit Code |
It is the safe deposit code that is wanted to be assigned to AR/AP payment and collection transactions as default. The specified safe deposit code here is displayed at payment and collection transactions as default performed from AR/AP browser. This code is also transferred to "Payment/Collection Safe Deposit Code" field of "Business Info" tab of the AR/AP records. If a different safe deposit will be used for AR/AP transactions, that different safe deposit can be specified at AR/AP record. |
PARAMETERS |
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Unit Price Kurush Decimal Place |
The sensitivity of amount information used in administration is specified on the unit price decimal place parameter line. |
Rediscount Interest (Annual) |
The companies are legally obliged to calculate the rediscount interest amount of their time checks and p. notes, and to post them to G/L and reflect them on their balance sheets. This transaction is performed using the rediscount reports option located in the check/p. note reports menu. The default value of the yearly rediscount interest rate used in calculations of this report is recorded on the rediscount interest rate (annual) parameter line, and can be changed on the report if necessary. |
Note Stamp Rate |
The proportion between the stamp amount and the p. note amount should be known in order to calculate the stamp amount to be used in p. notes. The legal rate is entered into the note stamp rate parameter line. In this way, the stamp amount of P. Notes can be calculated automatically. |
Endorsement Tracking Period |
The tracking period of Checks and P. Notes endorsed to account receivable/payable during Checks/P. Notes transactions is specified on the endorsement tracking period parameter line. The duration is specified in day. P. Notes that exceed their endorsement-tracking period cannot be transferred into the next fiscal year. |
Protest for Non-Payment |
The tracking method of protested p. notes is specified on the protest for non-payment parameter line. This parameter contains the following options:
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Posting Additional Surcharges to G/L |
The posting additional surcharges to G/L parameter line is used to specify whether or not certain surcharge amounts that are included in invoices but that do not affect the account receivable/payable differently from normal surcharges will be posted to G/L. The parameter contains Yes and No options. When "Yes" is selected, additional surcharges are posted to G/L, and tracked under a separate account. When "No" is selected, additional surcharges are not tracked under a separate account. |
Risk Total |
The default value indicating the transactions to be processed in calculation of total risk amounts of account receivable/payable. The total risk amount is used in risk control transactions. The Risk Total parameter line contains the following options:
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When Charge Accounts / Company-Customer Check/P. Note / Endorsement Check/P. Note Risk Limit Exceeded – |
If the amount of the transaction performed on an AR/AP increases the risk total over the Risk Limit value, the risk limit for that AR/AP is exceeded. The over risk limit is separately controlled for charge accounts, company check/p. notes, customer check/p. notes, endorsement check/p. notes, orders and dispatches/receipts.
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Group Company Risk Transactions |
Used to determine how the risk control and tracking transactions will be performed for accounts (receivable/payable) related to a group company. This parameter line contains the following options:
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AR/AP Risk Control |
The parameter used to determine risk-tracking method. Risk control can be done basis on totals or transaction risk limit. |
Risk Limit Control on Transactions |
Transactions for which risk control will be performed are specified on the risk limit control on transactions parameter line. The transactions to be controlled are checked. Risk control warnings are not generated for slip types that are not checked. |
Slip Types With No Risk Warnings |
Used to select slip types to save without taking any risk warning message although risk control is done for them. |
Debit Closing Window |
The debit closing window parameter line is used to specify the transactions that will trigger the debit-tracking window. The transactions are checked and selected. The debit-closing window in which the payment collection transactions of each AR/AP are displayed and the closing transactions are performed is located in the LOGO application. This window contains separate tabs for local currency and transaction currency.These windows can either be accessed by clicking a button on the accounts receivable/payable records or AR/AP transactions lists, or opened automatically after the required transaction types are recorded using this parameter. The transaction type required to open the debit-closing window is selected on this parameter line. |
Control Safe Deposit Working Date |
The control safe deposit working date parameter is used to specify whether or not the transaction entry control performed according to working days selected on general parameters will be applied to safe deposit transactions. This parameter contains two options: Yes and No.When "Yes" is selected, the safe deposit working date is entered on the window in safe deposit transactions. The window accessed by clicking "New" on the safe deposit transactions list displays the system date as default. The date can be changed if transaction date is different. If date control is performed, the safe deposit transactions list displays only the slips of the given date, and the working date is displayed at the top of the list. The logo application displays a warning message prompting for a new date if the specified safe deposit working date is outside the specified working days. |
Update Reporting Currency Rate When Date Changes |
The parameter used to specify how the reporting currency rate would be affected from slip date changes. The parameter contains Yes and No options. When "Yes" is selected and the date of the recorded slip is changed, the LOGO application displays a warning message indicating that the reporting currency rate will be updated according to the new date. When the message is confirmed, the reporting currency is updated using the valid rate value for the new date.If "No" is selected instead, the reporting currency rate is not updated when the date is changed. |
Slip Payment Transactions |
The slip payment transactions parameter line is used to specify the tracking method for check/p. note slip payment transactions. this line contains the following options:
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Safe Deposit Lines |
The parameter used to specify the printing method for safe deposit transactions with the same safe deposit code. These parameter lines contain the following options:
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Automatic AR/AP Trans. Printing |
These lines are used to specify when the slips used in finance transactions will be printed. This parameter line contains Yes and No options. "Yes" must be selected on the automatic printing line of each document if transaction documents are required to be printed as soon as they are recorded."No" must be selected if automatic printing is not required. In such cases, slips or invoices can be printed individually using the Print option or in batches using the Batch Printing option. |
Forms Will Be Printed In Language Used By AR/AP |
AR/AP slips, invoices and forms can be printed in AR/AP Language. Information on text fields of forms and invoices can be printed either in AR/AP language or in the language specified in user definition. The AR/AP language is specified on the language field of the AR/AP. This filter line is used to specify whether or not the AR/AP Language will be used in forms. Text fields to be printed are recorded on the language field during form definition. This filter line contains Yes and No options. When "Yes" is selected, information on text fields of the form is printed in the AR/AP language specified on the AR/AP. When "No" is selected, text fields are printed in the language specified by the user. |
Stoppage Rate (MATERIAL) |
Amounts of materials purchased from vendors who work by piece (in other words, who can not issue invoices) are recorded using expense sheets. This parameter indicates the stoppage rate applied to material purchases. |
Stoppage Rate (SERVICE) |
Amounts of services purchased from vendors who work by piece (in other words, who can not issue invoices) are recorded using expense sheets. This parameter indicates the stoppage rate applied to service purchases. |
Fund Share Rate |
The default fund share rate used in tradesman invoices received and issued. |
AR/AP Payment / Collection Plan Group Control |
Payment plans to be applied for accounts receivable/payable can be grouped in order to perform group controls during payment plan selection in transactions. This filter line is used to specify whether or not the control will be performed. The payment plan group to be applied is specified on the AR/AP. Grouping payment plans allows only the related payment plans to be selected, and prevents usage errors. This field contains Yes and No options.When "Yes" is selected, payment plans cannot be connected to the AR/AP without selecting a payment plan group. Payment plans can be selected for slip bottom of Order Slips, Dispatches/Receipts and Invoices only if they are part of the related AR/AP payment plan group.When "No" is selected, payment plans can be connected to the AR/AP without selecting a payment plan group. Consistency check is not performed in slips and invoices. |
On AR/AP Exch. Rate Diff. Slip (Auto. And Batch Printing) |
The parameter used to specify the default form to be used when AR/AP Exch. Rate Difference Slips are printed. This parameter contains the following options:
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End of the Day |
The default end of the day value processed in credit card transactions. |
AR/AP Hierarchy Code Assignment Method |
The parameter used to specify AR/AP hierarchy code assignment method. |
Debit Transfer Slip Date Info |
The transfer slip date default generated in debit transfers between the accounts belonging to the same group.
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Check Negative Inventory Level (Safe Dep.) |
Used to specify whether negative inventory level checking will be done or not for the safe deposits. |
Check Negative Inventory Level (Safe Dep.) |
The parameter is used to determine the control type, in the event of checking negative inventory level of safe deposits.
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When an Order / a Dispatch is Taken for a Current Account on the Black List |
The parameter used to specify the control type when an order / a dispatch is taken for a current account on the black list.
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In Other Transactions with Current Account on the Black List |
The parameter used to specify the control type when any transaction is taken for a current account on the black list. |
AR/AP Black List Control Will Be Applied to These Transactions |
Used to determine the transactions that AR/AP black list control will be applied to. |
Fill Empty G/L Codes on Bank Slips Automatically |
The parameter used to assign G/L codes to empty fields on bank slips. The parameter contains Yes and No options.When "Yes" is selected, predefined G/L account codes are transferred as default into the G/L codes window when the slip is recorded. |
Fill Empty G/L Codes on Check/P.Note Slips Automatically |
The parameter used to assign G/L codes to empty fields on check/p.note slips. The parameter contains Yes and No options.When "Yes" is selected, predefined G/L account codes are transferred as default into the G/L codes window when the slip is recorded. |
Fill Empty G/L Codes on AR/AP Slips Automatically |
The parameter used to assign G/L codes to empty fields on AR/AP slips. The parameter contains Yes and No options.When "Yes" is selected, predefined G/L account codes are transferred as default into the G/L codes window when the slip is recorded. |
Assign G/L Codes on Empty Lines for Collateral Slips |
The parameter used to assign G/L codes to empty fields on Collateral slips. The parameter contains Yes and No options.When "Yes" is selected, predefined G/L account codes are transferred as default into the G/L codes window when the slip is recorded. |
Collateral Risk Total |
The default value indicating the transactions to be processed in calculation of total risk amounts of collaterals belonging to account receivable/payable. The total risk amount is used in risk control transactions. The Risk Total parameter line contains the following options:
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When Collateral Risk Limit Exceeded in Order / Dispatch / Other Transactions |
If the amount of the transaction performed on an AR/AP increases the collateral risk total beyond the Risk Limit value, the risk limit of collateral for that AR/AP is exceeded. The over risk limit is separately controlled in AR/AP, order, dispatches/receipts, slips, bank transactions and safe deposit transactions. The control method is separately specified on When Collateral Risk Limit Exceeded in Order, When Collateral Risk Limit Exceeded in Dispatch/Receipt and When Collateral Risk Limit Exceeded in Other Transactions parameter lines. This parameter line has three options:
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Transactions that Collateral Risk Limit Control will be Done for |
Used to determine transactions that collateral risk limit control will be done for. |
F. Currency Type Control on Safe Deposit Transactions |
The parameter is used to specify whether or not f. currency type control will be done for safe deposit transactions. |
Bank Exchange Rate Difference Slip (Aut. And Batch Printing) |
The form default that will be used in printing Bank exchange rate difference slips. Contains the following options:
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Payment Types that Automatic Debt Closing will be done for |
When saving slips and invoices, whether the automatic debit closing will be done or not for the related slip according to the payment type, is determined by this parameter.
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Endorsement Collection Exch. Rate Will Affect AR/AP Balance |
Used to take AR/AP balance by considering exchange rate of the date when any transaction done with "Endorsement" and "Collection" status checks in f. currency check transactions. |
Lock Control on AR/AP Exch. Rate Diff. Transactions |
Used to hinder running the exchange rate difference calculating operation at the same time by different users for the same AR/AP when exchange rate difference is being calculating for the accounts (receivable/payable). |
Lock Control on Bank Exch. Rate Diff. Transactions |
Used to hinder running the exchange rate difference calculating operation at the same time by different users when exchange rate difference is being calculating for the banks. |
Lock Control on Safe Deposit Exch. Rate Diff. Transactions |
Used to hinder running the exchange rate difference calculating operation at the same time by different users for the same safe deposit when exchange rate difference is being calculating for the safe deposits. |
Fill Empty G/L Codes on Safe Deposit Slips Automatically |
The parameter used to assign G/L codes to empty fields on Safe Deposit slips. The parameter contains Yes and No options.When "Yes" is selected, predefined G/L account codes are transferred as default into the G/L codes window when safe deposit slip is recorded. |
Bank – Branch Number Selection Order |
The ordering default that will provide usage facility when selecting bank and branches for any transaction. Contains the following options:
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Salesperson Control |
Used to determine whether salesperson – AR/AP control will be done or not for the AR/AP transactions recorded from Finance section. Contains Yes and No options. |
Operations to be Controlled for Salesperson and AR/AP Connection |
This parameter line is used to specify transactions for which salesperson – AR/AP control will be performed. The parameter line contains the following options:
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Operations to be Controlled for Sales Representative and AR/AP Connection |
This parameter line is used to specify transactions for which sales representative – AR/AP control will be performed. The parameter line contains the following options:
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Changing Slip Lines Salesperson Info |
Provides entering salesperson data by the slip lines. The parameter is used to record sales transactions performed by different salespersons to the same AR/AP, through same slip. |
Bank Slip Amounts Incurred By Credit Card Slip Collection / Payment Can Be Changed |
Used to determine whether the bank slip amount incurred by credit card slip collection/payment can be changed or not. Contains Yes and No options. |
Check AR/AP Tax Number |
Used to perform AR/AP tax number entry controls. Contains Yes and No options. When "Yes" is selected, the application will warn the user in the event of entering the same tax number second time. |
Amount Alert for Payments/Collections |
Used to determine amount control method during payments / collections. Amount alert parameter contains the following options:
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The Transactions That Debt Note will Be Generated For Automatically After Status Changes of Check / P. Note Slips |
Used to select the transactions that debt notes will be generated automatically for, when check/p. note slips' statuses are changed.
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When Document Number is Repeated in Invoices Basis on AR/AP |
This parameter line is used to control invoice document numbers' unity base on AR/AP and to block entering the invoices to the system again which are received from same AR/AP. Document number control is performed in the direction of the invoice type selections made in "The Transactions To Be Controlled Concerning Their Document Numbers Base On AR/AP" parameter line.
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The Transactions to Be Controlled Concerning Their Document Numbers Base on AR/AP |
This parameter line is used to specify transactions for which document number control will be performed base on AR/AP.
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TR ID Number Will Be Checked |
It is TR ID number control default. This parameter line contains following options:
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Allow Entering AR/AP and Shipment Address District / Town / City / Country Info Manually |
This parameter provides entering address info (district / town / city / country) to AR/AP cards or shipment address fields manually. Contains Yes and No options. When "Yes" is selected, user can enter address info manually to district / town / city / country fields. When "No" is selected and user tries to enter address info manually to related fields, the application warns user with "District / Town / City / Country with this code not found" message. |
AR/AP E-Mail Description and File Name |
It is used in order to name documents (invoice, dispatch/receipt etc) sent via e-mail by the application and send them under the following headings:
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Sales Console Application Automatic Safe Deposit Transaction Printing |
It is the parameter line that will be valid when Sales Console application is used. |
Payment Collection Transactions |
While generating sales and purchase invoice payment/collection lines, the relevant date according to which payment/collection due date will be calculated is determined by this parameter line. It contains two options:
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Transactions To Be Tracked For Due Date |
This parameter is used to track AR/AP's backdated and uncovered debts and take AR/AP debiting operation entries under control. This parameter line works together with "Number of Days To Be Tracked For Due Date", "Amount To Be Tracked For Due Date" and "When Tracking Due Date" parameters. While recording the slip type selected in this parameter, all backdated payments are checked inclusive of day number and amount specified in other parameters; and according to the selected control method, user is either warned, or the operation is stopped or the application continues the process.
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Number of Days To Be Tracked For Due Date |
This parameter line works together with "Transactions To Be Tracked For Due Date", "Amount To Be Tracked For Due Date" and "When Tracking Due Date" parameters. If the difference between due date and system date of an unclosed AR/AP transaction is greater or/and equal to the value entered inhere, slip types determined in "Transactions To Be Tracked For Due Date" parameter line are checked. In case no value is given, the application does not perform any control. |
Amount To Be Tracked For Due Date |
This parameter line works together with "Transactions To Be Tracked For Due Date", "Number of Days To Be Tracked For Due Date" and "When Tracking Due Date" parameters. If the total of unclosed and expired transactions of AR/AP is greater and/or equal to the value entered inhere, the relevant slip types selected in " Transactions To Be Tracked For Due Date" parameter are checked. |
When Tracking Due Date |
This parameter line works together with "Transactions To Be Tracked For Due Date", "Number of Days To Be Tracked For Due Date" and "Amount To Be Tracked For Due Date" parameters. This parameter option determines the control method for operation type selected in " Transactions To Be Tracked For Due Date" parameter. It includes the following options:
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The Same T.R. Identity Number Can Be Used for AR/AP Records |
This parameter line is used to determine whether the same T.R. identity number can be used for different AR/AP record. It has two options: Yes and No. If "No" option is selected, "The same T.R. Identity Number is already in use by another AR/AP record," message is prompted to warn the user in case the same T.R. ID number is used in different records, and the operation is not allowed. |
Combine Lines During The Batch Credit Card Slip Collection |
This parameter is used to combine or list lines of the same bank account in the relevant bank slip while collecting multiple transactions during the credit card slip collection operation. It contains "Yes" and "No" options. |