Flexible Offsets by Account

Overview > Kuali Financials Document Fundamentals > Standard Tabs > General Ledger Pending Entries Tab

Flexible Offsets by Account

This option allows Financials to redirect offset entries for an account to another specified account. It allows Financials to accommodate tracking offsets such as cash or liabilities in central designated accounts as opposed to tracking such offset entries in every account. The Offset Account document identifies the offset account for an object code and account number combination.

If the offsets by account option is enabled within the parameter USE_FLEXIBLE_OFFSET_IND, Financials goes through a special process to determine the account that the offsets should be made to for a given transaction.

go-arrow-red For more information about offsets by account, see Offset Account.

When the flexible offsets function is enabled, generation of offsets on documents occurs as follows:

1. The offset object code is defined in the Offset Definition table.

5. If a match on the account and offset object code are found in the Offset Account table, the offset is made to the offset account.

6. If no match is found, the offset is made to the same account on which the original transaction occurred.