To define system options:Use the System Options window to set up your system options.
Note: This form is shared with other Oracle Applications. OLM does not use some of the fields in this form.
To define system options:Ensure that the Accounting tabbed region is displayed.
Accounting Information:Enter Cash Basis as the accounting method.
Enter OLM Set of Books as the name.
Select zeros (000.000.000) in the following fields:
Finance Charge Activity (course)
Realized Gains Accounts
Realized Losses Account
Tax Account
Leave the default number of days per posting cycle as they are.
Tax Information:Select Sales Tax as the method of paying tax.
Select No Validation - Country as the location flexfield structure.
Leave 000000 to 99999-99999 as the default postal code range.
Select No Validation as the address validation.
Select Total Tax Only for printing invoices.
Leave the default tax cache size as it is.
Select Line as the calculation level.
Select Nearest as the rounding rule.
Transaction and Customer Information:Leave the maximum memory in bytes as 65535.
Leave the log file message level as 0.
Select DEFAULT as the grouping rule name.
Miscellaneous Information:Enter 5000 as the split amount.
Enter 90 as the number of days in the Days Sales Outstanding Calculation
Leave the Invoices per Commit as 1000.
Leave the Receipts per Commit as 1000.
Select Open Invoice Due Date as the charge back due date.
Select United States as the country.
Select None as the source of territory.
Select Line First-Tax After as the applications rule set.