The template table type operates behind the scenes, providing control information for a journal, which operates in the foreground. By using a template, multiple instances of a journal can each be tailored for different purposes. Control information that's contained in a template includes the following:
- The default type of accounts to be updated (for example, Customer, Vendor, Bank, and General Ledger)
- The specific account numbers to be used as defaults, including balancing accounts
- What transaction numbering series will be used
- The default encoding to be applied to transactions for the journal (for example, Source Code and Reason Code)
- Specific pages and reports to be used for data entry and processing of both edits and posting runs
For example, General Journal Templates allow the General Journal table to be tailored so that it can display fields and perform validations that are specific to the entry of particular transaction categories, such as Cash Receipts, Payments...