Default Transaction values for this Element

Reference

Enter a reference if required; used as a default when entering transactions.

[Seq]	To automatically create sequential numbers, e.g. [Seq]100 will create sequential numbers from 100.
[User]	Will default the Users' finPOWER Connect login code.

If applicable, enter a default value. When adding a standard transaction to an account, it will default to that value for the selected element.

Enter relevant default notes relating to transactions of this Element.

A fee transaction created for a Direct Debit sets the Fee Transaction Reference and Notes to that defined for the Fee element, i.e. the Transaction defaults.
If the Element is a Disbursement Element the default Notes can be defined as [DisbursementNotes] and this will populate the Transaction notes on the Disbursement Account.

Used for Standard Transactions to move the date to the previous or next Business Day, if it falls on a non-Business Day.

The options are: "None" (do not move), "Previous Business Day" and "Next Business Day".

This setting only applies to Standard Transactions on a regular cycle. Opening and Once cycles do not apply to this setting.

Be careful of dates that are moved across the Maturity Date. For example, if a date is on/ before the Maturity Date but is moved to after the Maturity Date then it will not be included when Quoting the Account. If a date is after the Maturity Date but is moved back to on/ before the Maturity Date it will be included - in this example you may use the Standard Transaction's Stop Date to prevent this from occurring.

If the Standard Transaction is a Payment the Calendar used is from the Bank Account related to the Payment Method, otherwise the Account's Entity Business/ Banking Day Calendar is used.

Select a Script to run extra processing for the Standard Transaction.

Select the Permission Key to prevent changes whilst a Quote for this Element.

Displays the Roles that have no permission to do changes whilst doing an Account Quotation as per Permission Key defined.

It is useful to have one set of Users that can change a value, and another that cannot.

This is in addition to the "Allow changes whilst Quote?" setting on the Account Type list of default Transactions. This works across all Users, whereas the Permission Key is applied to the finPOWER Connect User Interface only; these work together in tandem to control data entry.