You can create an organizational
structure as long and complex as needed on the Organization
page.
Only one user at a time is allowed to
work with organizations. Any subsequent users who access this setup page while it is in use
are placed in view-only mode.
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Navigate to .
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Select
Add.
The new organization is always added nested below the highlighted organization in the
organization tree.
Tip: If the new organization is
not initially placed where you want it, then you can move it using the
Belongs To setting.
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Select one of the following choices for Organization Type:
- Branch - You cannot create organizations under
this organization.
- Consolidated - Other organizations can roll up
into this organization.
- Elimination - This organization is an
elimination unit.
Note: You cannot change a new
organization's Organization Type after you save the
settings.
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Enter a unique alphanumeric Name.
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Enter a unique alphanumeric Organization ID.
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Enter your FDIC # or NCUA CU Charter # at
the institution (root) level of the organization tree.
All CECL-licensed financial institutions are required to complete this step.
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Use the Belongs To setting to identify the consolidated unit
that the new unit rolls into.
Regardless of the new unit's initial positioning, you can use this
setting to move it to the correct section of the organizational tree.
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Select the Balancing check box to keep the organization's assets
and liabilities in balance when the system runs the balancing routine in the Forecasting
module.
The organization's assets and liabilities are not kept in balance when the
system runs the balancing routine in the Forecasting module if you do not select this
option.
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Select an option for Chart of Accounts Setup, if
available.
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Complete the remaining settings if your institution is licensed for Organization
Profitability.
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Select Include in Funds Transfer Pricing, if
applicable.
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Select a Begin date and an End date
for the Time Frame in the Allocation Effective
Dates section, if applicable.
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Select Treasury Unit, if applicable.
You can only set one organization as the treasury unit.
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Select Save.
