Setup and configuration

The settings you select in Pryme Funding Setup establish the setup for the funding number series, and settings when doing reversal funding reservations and usage.

To assign number series and settings, choose the 🔎 icon, enter Pryme Funding Setup , and then choose the related link.

Set up the General Fast Tab

The General fast tab allows you to set rules when reversing funding reservations and usage.

• Select Reserv. Full Reversal to reverse the existing reservation entries and create new entries for the full amount. If not set, difference entries will be created.
• Select Usage Full Reversal to reverse the existing usage entries and create new entries for the full amount. If not set, difference entries will be created.
• Usage Amounts From - Allows you to select whether Cost or Price are used for calculating the budget amount and amount to use in the allocation process. The default is Cost.
• Post usage to G/L - If active, usage allocations will be posted not only to the fund ledger, but general ledger too. Set up the posting groups from the Fund Posting Setup.

Set up the Numbering Fast Tab

The numbering fast tab allows you to set up a unique identification code with a first and last number for the funds, fund commitments, reservations and usage posted.

Posting Setup & Groups

From the Posting Groups action, you can access Posting Setup and Fund Posting Groups, where you can complete the setup required for posting usage to G/L.

Permission Sets

There are two permission sets available for Fund Management:

• FUNDS POST - grants the ability to post into the fund ledger and G/L.
• FUNDS VIEW - provides read-only access to view funding information without the ability to post or edit.