Enter Calculation Index

Explanation

Use this activity to enter information on a calculation index.

Prerequisites

Before information on a calculation index can be entered, the following must have been completed:

• The company must exist in IFS Financials.

System Effects

As a result of this activity, the calculation index can be used for recalculation of user-defined base values, e.g. insurance values. Such base values are defined in the User-Defined Base Value Types window. The values are then entered in the Object window, the User-defined Base Values tab.

Window

Calculation Index

Related Window Descriptions

Calculation Index

Procedure

Use the following procedure to enter a calculation index:

1. Open Calculation Index.
2. Use the New function and enter the information. The first rows index value is considered to be the base value or the original value for the index series.
3. Before connecting the index to any objects, start by recalculating the first row.
4. Use the New function and enter information for the first true recalculation. Only dates later than the dates already entered can be specified.
5. Save when finished.

In Calculation Index the following operation is available:

• Recalculate Base Value. Used for recalculation of base values. All base values that relate to this index are recalculated according to the date for the object. The recalculation can be performed with only the latest entered index value. Select the current row and select the operation by clicking the right mouse button.