1. Line Servicing Setup Guide
  2. Administration User
  3. General Ledger
  4. General Ledger
  5. Transaction Links

3.7.1.4 Transaction Links

The system enables you to map the various transactions to your General Ledger transaction types with the Transaction Links screen. The list of transactions available in the Transaction Code will be derived from the transactions setup on the Transaction Definition screen.

To setup the Transaction Links
  1. Click Setup > Setup > Administration > User > General Ledger > Transaction Links.
  2. In the Transaction Links section, perform any of the Basic Operations mentioned in Navigation chapter.
    A brief description of the fields is given below:

    Table 3-61 Transaction Links

    Field Do this
    Transaction Code Specify the transaction code.
    Description Select the transaction description from the drop-down list.
    GL Transaction Code Specify the corresponding GL transaction code.
    Description Select the GL transaction description from the drop-down list.
  3. Perform any of the Basic Actions mentioned in Navigation chapter.

    You can have more than one transaction mapped to a user-defined GL transaction. In that case, the system summarizes all the transactions to the GL transaction. For example, the system uses separate transaction codes for fees, such as LATE_FEE and SERVICING_FEE. If a client site would rather have all fees go into one debt and one credit account, they would define a GL transaction and link all transactions to that defined transaction.

    You could also have one transaction linked to more than one GL transaction. The system will use the setup on the header segments to identify the correct GL transaction setup to use.

    For example, if the FLC (Late Charge) transaction is mapped to the CHG_LC and CHGR_LC transactions, then the system will look at the header segment definitions to identify the correct GL transaction. Let’s say the header segment used is Account status and that CHG_LC is used for active accounts and CHGR_LC is used for charged off accounts. In this case, the system will identify the correct GL transaction depending on the account status.

Parent topic: General Ledger