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Re: Accounts Payable AAI's

Re: Accounts Payable AAI\'s

It depends more on where you want Trade AP GL balances to be kept and
where the Bank account is located.

For example

1. Each company will hold trade AP at a company level. But all
activity runs through a central bank account.

You would set up a a "PC" item for each company to define the Trade AP
BU.Object.Sub for that company. Setting one for comp 00000 is optional
(not needed since each company will be defined).

You would also set a "PB" item for each company to define the bank
account number. In theory you could use a company 00000 default for
this, but we have never used this method since we have multiple bank
accounts. Multiple checking and different accounts for ACH vendors.

Don't forget that particular vendors can be handled differently
through the use of class codes and "PCxxxx" and "PBxxxx" AAI
variations.

2. Each BU will hold a trade AP account.

In this scenario you would only want to set the company 00000 default
for item "PC" to define the object.subsidiary that would exist on each
BU for trade AP.

"PB" AAI handled however your bank account structure setup.


These are just very basic samples of AP AAI setup. There are several
more that go along with foreign currency.

I would be willing to talk more with you about the set up.
You may contact me directly at the e-mail address below.


George Cole
Manager - Corporate Financial Systems
ALLTEL Corporation
george.b.cole@alltel.com

Financials SIG member


______________________________ Reply Separator _________________________________
Subject: Accounts Payable AAI's
Author: jdelist@jdelist.com at INTERNET
Date: 5/18/01 9:08 AM


For the purposes of my question, our organization has four separate companies wi
th four independent balance sheets.

The object account and subsidiary account structures are consistent across all c
ompanies.

Under this scenario, how should Accounts Payable AAI's be setup:

a) For the default company only?
b) For each of the four separate companies?
c) For both the default company and each of the four separate companies?

I have heard opinions for each option but no real reasoning behind it. Any insi
ght to our A/P AAI issue would be helpful.




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barryn249

Member
Re: Accounts Payable AAI\'s

Find attached document from Knowledge Garden re: A/P AAI's. Tells you e=
xactly how set up and how they function.

Barry Nelson
Safeguard Solutions/Palarco
bnelson249@hotmail.com



----- Original Message -----
From: jbaize
Sent: Friday, May 18, 2001 9:17 AM
To: jdelistml@jdelist.com
Subject: Accounts Payable AAI's


For the purposes of my question, our organization has four separate compa=
nies with four independent balance sheets.

The object account and subsidiary account structures are consistent acros=
s all companies.

Under this scenario, how should Accounts Payable AAI's be setup:

a) For the default company only?
b) For each of the four separate companies?
c) For both the default company and each of the four separate companies?

I have heard opinions for each option but no real reasoning behind it. A=
ny insight to our A/P AAI issue would be helpful.




--------------------------
Visit the forum to view this thread at:
http://198.144.193.139/cgi-bin/wwwthreads/showflat.pl?Cat=3D&Board=3DOW&N=
umber=3D11101
 

rsvconsulting

VIP Member
Re: Accounts Payable AAI\'s

DEPENDS ON THE BANK ACCOUNT STRUCTURE. WILL ONE BANK
ACT AS THE PAYMASTER? OR WILL THERE BE SEPARATE BANK
ACCOUNTS EACH PAYING BILLS? YOU CAN HAVE A DEFAULT PB
AND 4 SEPARATE PC AAI'S IF ONE BANK ACCOUNT WILL BE
USED AS IN A SHARED SERVICE CENTER OPERATION.

YOU WOULD USE THE DEFAULT PB FOR COMPANY 00000 IF YOU
CREATE THE SHARED SERVICES APPROACH. THE DEFAULT PC
WILL NOT BE USED.


AL MARMERO
SAFEGUARD-PALARCO
amarmero@yahoo.com


--- barryn249 <barryn249@hotmail.com> wrote:
http://198.144.193.139/cgi-bin/wwwthreads/showflat.pl?Cat=3D&Board=3DOW&N=
http://198.144.193.139/cgi-bin/wwwthreads/showflat.pl?Cat=0&Board=OW&Number=11135


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