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GL Flexifield Qualifiers
GL Flexifield Qualifiers
GL Flexifield Qualifiers
The definition I inferred from the word flexfield qualifier is which segment qualifies for
whichattribute.
Each Segment can have one of the following Qualifying attributes attached to it. Some of them
are mandatory others are optional.
Cost Center: Usually assigned to Department Segment. This qualifying segment is used
by Oracle Assets.
Natural Account: This qualifier when attached to a segment enables the five nature of
accounts Asset, Liability, Expense,Revenue, Owners Equity. It also assigns the option
is required. System balances the Debit and Credit of the ledger on this segment.
Intercompany: This qualifier is used to identify the transaction between two entities
Flexfield Qualifiers determines the nature of the segment. If you define a COA structure as
Company-Department-Account
How will the system knows which segment is natural account? Which segment should be used to
balance the accounting entries? which segment will be used as Cost Centre in Fixed Assets?
It is the qualifier through which the system assign particular attribute to the segment. If I attach
Natural Account qualifier to Company Segment, the system will not validate anything against this
assignment. It will simply enable the five natures of accounts and treat the Company segment as
Natural Account.
So for particular segment, a particular qualifier is assigned. This is the one time activity and
freezes as we freeze the COA Structure.
Thats All :)
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