Company wide org settings Flashcards Preview

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Flashcards in Company wide org settings Deck (19)
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1
Q

What Are Company Settings?

A

are the collection of information about your organization

2
Q

what does the company settings consist of:

A

Company info
Fiscal Year info
Support Info

3
Q

What is included under company info?

A
Name
Address
Primary POC
Default currencies
Currencies
Storage used 
Licenses available
4
Q

What is included under fiscal year info?

A

Fiscal Year

5
Q

What is included under support info?

A

Business Hours

Holidays

6
Q

What Are Locale Settings?

A

determine the display formats for date and time, user names, addresses, and commas and periods in numbers.

7
Q

Locale Settings include?

A

Locale
Language
Time Zone

8
Q

Who sets the locale settings?

A

Adm sets default locale but users can set a personal locale based on their location

9
Q

What is SF default currency

A

Single currency, yet allows for multicurrency to be enabled.

10
Q

How do you activate multiple currency

A

SETUP>COMPANY SETTINGS>COMPANY INF0>EDIT>CURRENCY SETTINGS

11
Q

When is the standard SF fiscal year?

A

Begin 1st day of month selected, ends the following year on the last ay month prior ( ex. 2/1/2022- 1/31/2023)
Standard fiscal year can only start the 1st of the month
Use custom fiscal year if you want the fiscal to start after the 1st of the month

12
Q

Can you disable custom fiscal year feature once it has been enabled?

A

No, yet you can create a custom fiscal year to replicate the standard fiscal year

13
Q

What are the best practice when purchasing a SF license/package?

A

Purchase license based on general functionality and not what features may be coming soon.

14
Q

What happens when you enable multiple currencies?

A

once a multicurrency setup is enabled, it can’t be disabled.

15
Q

What is corporate currency?

A

The currency of your corporate headquarters.

16
Q

How to enable and apply multiple currencies

A
Setup, 
> Quick Find
> Company Information
> Edit.
>Activate Multiple Currencies.
>Save.
17
Q

Once multiple currencies is enabled you also can:

A

Activate additional currencies and optionally select a new corporate currency.
Ensure users have correct personal currencies.
Make sure users use the correct currency when creating records.

18
Q

What can you specify after you activate multicurrency for your org?

A

you can specify which currencies are supported by activating or deactivating them.

19
Q

How do you activated/deactivate multiple currency for your org after activating this feature?

A

Setup
> Company Information
>Currency Setup button.
>The Active and Inactive Currencies will be listed out
*CURRENCY SETUP BUTTON ONLY VISIBLE AFTER MULTIPLE CURRENCIES IS ACTIVATED