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Balance Type field definitions

Title

Description

Active Indicator

Indicates whether this balance type code is active or inactive. Remove the check mark to deactivate a balance type code.

Balance Type Code

Required. Identifies the balance type for different use in system processes

Balance Type Name

Required. A descriptive label for this balance type code

Encumbrance

Optional. Indicates if the balance type represents an encumbrance. Remove the check mark if the balance type is not an encumbrance

Offset Generation

Optional. Indicates if offsets are to be generated automatically by the system for the balance type. Remove the check mark if there are no offset generated entries.

This field does two things:

      It determines whether or not a negative entry amount is acceptable.

      And it determines if the entry is allowed to have a debit/credit code. If offset generation is Y then it will have a debit/credit code. If offset generation is N, this implies a budget entry and the debit/credit code will be blank.

Short Name

Required. An abbreviated name for a specific balance type to be used where space is limited

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Basic Accounting Category