Configuring system options

After installation, use this page to select and specify options used to configure your system.

NOTE: Depending on the selections you make on this page, some features may be hidden from view in the system.

To configure system options:

In the Guide View, click System Configuration.

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Complete the following questions:

Calendar Settings

Question	Options
01. What is the current fiscal year?	Select the current fiscal year for your organization.
02. What is your first month in the fiscal year?	Select the month in which your organization's fiscal year begins.

Costing System

Question	Options
01. What is the source of the GL data?	Select the source to use for your General Ledger (GL) data:
02. Will you load payroll detail for labor distributions?	If you plan on loading payroll detail to use for labor distributions, click the toggle to Yes; otherwise leave the toggle as No.
03. If you answered Yes to the previous question, what is the source?	Select the source for your payroll detail.
04. How will you compute cost item volumes?	Select how you want to compute cost item volumes.
05. Calculate allocations using Simultaneous Equations (default as Single-Step Down)?	IMPORTANT: We recommend that you first review the Understanding simultaneous equations section below before setting this option. If you choose to implement SE, please consult with one of our Axiom Cost Accounting consultants to ensure you understand the implications. Do one of the following: To enable simultaneous equations, click the toggle to Yes. To use single-step down, click the toggle to No.

Costing Methodologies

Question	Options
01. Which methods do you plan to implement?	Select the check box next to the methods your organization will use. IMPORTANT: You must select at least one methodology. Methodologies you do not select will not be included in the Unit Cost Calculations page or the Process Advanced Cost Methods page. They may also not display in other parts of the Guide View.

Question

Options

01. Which methods do you plan to implement?

Select the check box next to the methods your organization will use.

IMPORTANT: You must select at least one methodology. Methodologies you do not select will not be included in the Unit Cost Calculations page or the Process Advanced Cost Methods page. They may also not display in other parts of the Guide View.

Direct to Encounter

Question	Options
01. Will you be implementing Direct to Encounter Features?	Direct to Encounter allows you to spread costs historically allocated as indirect overhead to specific encounters that use the services of that particular department or area. To use Direct to Encounter, click the toggle to Yes; otherwise leave the toggle as No.

Question

Options

01. Will you be implementing Direct to Encounter Features?

Direct to Encounter allows you to spread costs historically allocated as indirect overhead to specific encounters that use the services of that particular department or area.

To use Direct to Encounter, click the toggle to Yes; otherwise leave the toggle as No.

After making your changes, click Save.

Understanding simultaneous equations

The simultaneous equation (SE) method of cost allocation provides a more accurate method of allocating department costs. When processing allocations, the system places the records and allocation rules into a matrix, and then system processes them together. If your organization decides to use SE, you need to define Axiom Cost Accounting allocation rules to take this into account. For this reason, we recommend that you do not switch back and forth between SE and single step down because it could result in inaccurate data. If you enable this feature, the Allocation Definitions page will display Simultaneous Equations at the top of the page.