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It is used for setting specifying information related to the accounting setup for a specific organisation or parties that exist within an organisation such as business units, cost centres, departments ,subsidiaries etc.

To REVIEW:

Setup and configuration of:

• Time periods / Fiscal or Accounting periods
• Base Currency
• Foreign Currency Exchange Rates
• GL Accounting Defaults / GL Posting Rules  
• Error Journals
• Invoice Prefix and Sequencing
• Quote and Order Prefix and Sequencing ??

Information that can be setup include the following:

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