Types of Fiscal Sets

Sage 300 ERP

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Types of Fiscal Sets

Each account has many fiscal sets.

Each single‐currency general ledger account has more than one fiscal set, because each fiscal set stores only one set of numbers for one fiscal year and an account can have different types of fiscal sets.

Multicurrency accounts have additional fiscal sets that hold amounts posted to the account in each source currency used with the account.

Types of Fiscal Sets
Code

Description

A An Actual fiscal set stores one year (12 or 13 periods plus a 14th period for adjusting, and a 15th period for closing revenue and expense accounts) of actual monetary data for one general ledger account in home currency.
R Reporting currency (only available if you selected the euro as your functional currency and specified a reporting currency in the Company Profile screen in Common Services).
Q

A Quantity fiscal set stores quantity information related to the actual amounts. If you use quantities, each actual fiscal set is paired with a quantity fiscal set.

P The Provisional fiscal set temporarily stores amounts from provisional batch postings.
PQ A Provisional Quantity fiscal set stores provisionally‐posted quantities.
1

Budget Fiscal Set 1 stores planning information. Depending on the edition of Sage 300 ERP you are using, you can store up to five separate budgets in sets 1 through 5. You might want to use budget set 1 to store your original budgets.

2 Budget Fiscal Set 2. You might want to use this budget set to store your revised budgets.
3 Budget Fiscal Set 3. You might want to use this budget set to store forecasts.
4 Budget Fiscal Set 4. You might want to store budgeted quantity information for the account.
5 Budget Fiscal Set 5.
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