FastTrack360 Version 12 Online Help
Generic Settings
- Max Ciereszko
- Fiona Sims
This Finance Integration settings option can be applied where your business uses a generic Finance Integration such as MYOB; Xero; Access Financials and Sage, rather than using the standard or customised Finance Integration solution.
If you are an Australian or New Zealand client with a custom solution, we encourage you to move to the Generic option as this will be dynamically supported with any product upgrade, a much better option than a custom solution which can break with code changes and can be costly to fix. Please be aware that when Multi-Period Payroll is implemented, if you choose to keep your custom solution it will need to be re-factored.
Should you wish to move to the Generic solution, you will need initial assistance from our Support Team. As such planning time needs to be considered to ensure that the setup is completed prior to the Multi-batch Payroll release.
The Generic Settings are used to configure the following:
The template that defines fields that are available for mapping financial transaction data from FastTrack360 to your 3rd party finance system and the profit/loss (PL) and balance sheet (BL) accounts that correspond to wage transactions.
Settings that determine if a separate export file needs to be generated per billing company/pay company.
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