The Freeze Washout Controls form is accessed via Contract Administration / Final Washout / Freeze Washout Controls and also in Terminations / Final Washouts / Freeze Washout Control.
The option to freeze the controls enables the posting flags to be set against each posting which, in turn, allows or disallows the relevant posting to the General Ledger for those agreements available for Final Washout. The rules defining availability for Washout are as follows:
The reason for setting posting flags at Washout is to avoid the system doing catch-up postings for an item which is about to be processed now but which was not posted two years previously.
The flag settings are automatically selected from the controls held against Invoice Types (in Miscellaneous Options within the System Management menu). The flags are available for alteration prior to washout. However, once washout has taken place the flag settings cannot be altered.
The form is split into three areas. These are the Titlebar, the Freeze Washout Controls Dialogue Box and a series of Command Buttons at the bottom of the form.
In addition to displaying the form name the Title Bar provides a number of useful buttons.
This form displays the following two mutually exclusive menu options:
A number of command buttons are available:
Proceeds with setting the flags against any contract that is released for final washout. The system sets the flags for any contract whether Manual or Automatic Washout is to be performed. The system displays a message that the controls are being frozen whilst the operation is underway.
Aborts the procedure and returns to the Final Washouts Menu.
Provides online access to a context sensitive Help form.