Define sequences to generate numbers for journal entries. Defining a sequence involves the following:
Creating a sequence
Creating a sequence version
Use the Sequences page to search, create, and update sequences and sequence versions.
To create a sequence, enter a unique sequence name and sequence description.
Create at least one sequence version to complete the sequence. A sequence version indicates the series of sequence numbers to be used and the effective date range of the series.
A sequence version has the following attributes:
Name: Sequence numbering reports display sequence version details as the sequence version has effective dates and identifies the series used to generate the accounting entry sequence number.
Effective Date Range: The default start date of the sequence version is the system date.
Initial Sequence Number Value: First number of the sequence.
You can update the sequences and sequence versions in the following ways:
Inactivate a sequence and sequence version by changing the status to Disabled.
Update sequence and sequence versions.
Add multiple sequence versions to:
Differentiate the sequence numbering information between fiscal years.
Ensure the distinctiveness of the series; ensure the effective date range of the sequence versions do not overlap.
Specify a start date and an end date for each individual sequence version.
Replace obsolete sequence versions.
Use the Sequences Page to search for and update or create sequences and sequence versions. The following table explains selected fields in the Sequences page.
Sequences Page
| Field Name | Description |
|---|---|
| Status | Displays the status of the sequence. The status could be New, Used, and Disabled. |
| Start Date | The effective start date which defaults to the current system date, but can be set to any date in the past or future. |
| End Date | Optional. The date when the sequence should be disabled. |
| Initial Number | An integer that is greater than zero. The number is incremented by one for each accounting entry. |
| Last Number Used | Last generated sequence number for the version. |