When you define a segment value, you must also assign qualifiers for that value to determine the account type, whether budgeting is allowed, whether posting is allowed, and other information specific to that segment value. You must enter segment qualifier information whenever you define segment values for any value set used to create an Accounting Flexfield combination. Segment qualifiers vary by segment.
They are:
Allow Budgeting Enter Yes to perform detailed budgeting for accounts with this segment value. If set to No, you cannot assign accounts with this segment value to budget organizations and you cannot define budget formulas for those accounts. If you are defining a parent segment value, you must enter No.
Allow Posting If set to No, you cannot use accounts with this segment value to enter journals. If you are defining a parent segment value, you must enter No because you cannot not post to parent accounts.
Account Type Defines the account type for the natural account segment value. You can enter only valid account types. Enter the type of proprietary account (Asset, Liability, Owners' Equity, Revenue, or Expense) or enter the type of budget account (Budgetary Dr or Budgetary Cr). For statistical accounts, enter either Asset, Liability, or Owners' Equity. If you choose an account type of Revenue or Expense for a statistical account segment value, your statistical balance zeros-out at the end of the fiscal year. The default for this field is Expense.
Third Party Control Account Enter ‘Payables’, ‘Receivables’, ‘Yes’ or ‘No’ for the Third Party Control Account to designate the account as a Control Account. Access to this account will be restricted to Oracle Payables, Receivables, and Inventory, for which Subledger Accounting automatically creates detailed balances. If you do not specify the account as a control account, you will be able to use the account for all Oracle Applications.
Reconciliation Flag Enter Yes for Reconciliation Flag to allow reconciliation for natural accounts that should balance to zero.
