Setting up prerequisites for journal entries

An Application Administrator must perform the prerequisites described in the following sections to set up a journal entry.

Creating accounting calendars
IBM TRIRIGA includes a default accounting calendar, which is referred to as the Standard Calendar. If the default calendar does not suit your company's fiscal calendar, you can create your own.
Creating location specific quarters
You can set up different definitions of quarters to be specific to different locations.
Creating business units
An application administrator can set up new business units.
Creating tax types
An application administrator can set up new tax types.
Creating general ledger codes for asset leases
An application administrator can set up new general ledger codes for asset leases.
Creating general ledger codes for real estate leases
An application administrator can set up new general ledger codes for real estate leases.
Creating general ledger codes for Subscription Based IT Arrangements (SBITA)
An application administrator can set up new general ledger codes for Subscription Based IT Arrangements (SBITA).
Creating a lease asset class
An application administrator can set up new asset classes.
Adding a new currency conversion entry
An application administrator adds a new currency conversion entry. This is needed only when your lease currency and functional currency are different and you want all journal entries to be in functional currency. Your functional currency and reporting currency are different.
Modifying a currency conversion entry
Deleting a currency conversion entry
Adding a new functional account
Creating a journal entry event setup template manually
As a lease accountant, you can manually create journal entry setups.
Creating a journal entry setup template manually
As a lease accountant, you can manually create journal entry setups.

Parent topic: Setting up journal entries