| Global Configuration FOLIO's Global Configuration allows you to specify basic configuration settings that will provide default configuration values for new Folios you create. To access FOLIO's Global Configuration screens, navigate to Administration > Add-ons and then locate the FOLIO section in the navigation bar on the left.You must have JIRA administrator permissions to access the Global Configuration. 
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| Modifications in the Global Configuration won't affect existing Folios. The Global Configuration is only used at Folio creation time. |
AccountingDefault Accounting configuration for new Folios.  Image Removed Image Added
| Reserve | Management reserve is for unforeseen risks. It is a percentage of the total budget. |
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| Contingency | Contingency is for known risks. It is a percentage of every expense's payment. |
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| Tolerance | Tolerance percentage for the folio's performance indices. |
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| Currency | Currency to be used for all amounts of the Folio. |
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Define one or more overtime rules that may be applied to Folios' team members. The wage multiplier will be applied to the member's wage for hours worked beyond the defined regular hours per week.
| Name | Name of the overtime rule |
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| Reg. Hours / week | Regular hours to be worked in a week. All subsequent exceeding hours in the weekly period will be considered as overtime.
Must be greater or equals to 0. |
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| Wage Multiplier | The multiplier to apply to the wage for overtime hours.
Must be greater or equals to 0. |
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| Tip |
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Since the overtime rules are used globally, we strongly suggest that the name of a rule reflects its own definition.
e.g. For a rule with 40 regular hours per week and 1.5 as a wage multiplier the name could be 40h per week - x1.5 |
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When deleting an overtime rule that is associated with one or more team members, all manually entered overtime hours will be transferred to the regular hours. |
Working Days and HoursDefault Working Days and Hours configuration for new Folios. 
| Worked hours | If the Synchronise with the JIRA Worklogs option is selected, then the actual costs related to team members will be automatically calculated based on hours logged on the Folio's issues. If not selected, FOLIO evaluates the number of worked hours of a team member based on his or her Allocation percentage, as defined in the member's Wages table. |
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| Hours per Day | Number of normal working hours per day. |
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| Working Days | Normal working weekdays. |
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| Non-Working Dates | Calendar view of all Non-Working Dates such as a public holidays. |
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Default Accounting configuration for new Folios.  Image Removed
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