Company wide org settings Flashcards
Learn about search, regional settings, multiple currencies, and user interface controls. (19 cards)
What Are Company Settings?
are the collection of information about your organization
what does the company settings consist of:
Company info
Fiscal Year info
Support Info
What is included under company info?
Name Address Primary POC Default currencies Currencies Storage used Licenses available
What is included under fiscal year info?
Fiscal Year
What is included under support info?
Business Hours
Holidays
What Are Locale Settings?
determine the display formats for date and time, user names, addresses, and commas and periods in numbers.
Locale Settings include?
Locale
Language
Time Zone
Who sets the locale settings?
Adm sets default locale but users can set a personal locale based on their location
What is SF default currency
Single currency, yet allows for multicurrency to be enabled.
How do you activate multiple currency
SETUP>COMPANY SETTINGS>COMPANY INF0>EDIT>CURRENCY SETTINGS
When is the standard SF fiscal year?
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
Can you disable custom fiscal year feature once it has been enabled?
No, yet you can create a custom fiscal year to replicate the standard fiscal year
What are the best practice when purchasing a SF license/package?
Purchase license based on general functionality and not what features may be coming soon.
What happens when you enable multiple currencies?
once a multicurrency setup is enabled, it can’t be disabled.
What is corporate currency?
The currency of your corporate headquarters.
How to enable and apply multiple currencies
Setup, > Quick Find > Company Information > Edit. >Activate Multiple Currencies. >Save.
Once multiple currencies is enabled you also can:
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.
What can you specify after you activate multicurrency for your org?
you can specify which currencies are supported by activating or deactivating them.
How do you activated/deactivate multiple currency for your org after activating this feature?
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
