To create a new intersect definition
Defines the storage of actual period balances.:
- Click the Intersect Definitions tab.
- Click New next to Recent Intersect Definitions on the home page.
- Specify a unique name for the new intersect definition, such as "Cost Center Analysis".
- Do one of the following:
- Select the Full Accounting Code field to store balances at all possible combinations of general ledger account
The general ledger will normally include general ledger accounts (GLAs) for items such as income, expenses, assets, liabilities, and reserves., entity Collective term for the following predefined dimensions within your chart of accounts: account, product, bank account, and tax code. and all four analysis dimensions Custom objects that allow you to analyze the activity in your business in additional ways, such as by cost center, project, employee, or any other business entity important to you..- Select a custom combination of the six elements
The elements of a full accounting code consist of a general ledger account, an entity, and up to four analysis dimensions. that make up a full accounting code A combination of up to six elements: a general ledger account, a single entity and up to four analysis dimensions, as recorded on a specific transaction line item., such as general ledger account and dimension 1, on which to base your financial management accounts report. - [Optional] If you want the Balance Update synchronization process to use this intersect definition, select the Update Secondary Balances checkbox. By default, this checkbox is clear (false) meaning that this intersect definition will not be used.
- When you have finished, click Save. You can also click Save & New to save the changes to the current record and then immediately begin to create another.
- If you selected the checkbox in the earlier step, you must run a Reporting Balance full synchronization now.