Banking Services from SAP 8.0, Localization for C.I.S. Content

Total Page:16

File Type:pdf, Size:1020Kb

Banking Services from SAP 8.0, Localization for C.I.S. Content Configuration Guide CUSTOMER 14-04-16 Banking Services from SAP 8.0, Localization for C.I.S. Content 1 Getting Started................................................................5 1.1 About this Guide................................................................5 1.2 Business Content............................................................... 5 2 Initial Setup.................................................................. 6 2.1 Configure Alternative ID Key and Generation Type........................................6 2.2 Organizational Data..............................................................7 Specify Bank Keys and Branch Keys................................................7 Hierarchical Organizational Structure Configuration....................................8 2.3 Configuration for Card Index File Support..............................................12 Introduction................................................................12 Create Account Product....................................................... 13 Create Master Data for Account Products...........................................16 Configure Localization Parameters................................................16 2.4 Configuration of Integration Between Bank Analyzer and ANE...............................17 Introduction................................................................17 Configure Localization Parameters................................................18 Business Add-Ins and Interfaces................................................. 19 2.5 Configuration for Multidigit Account Number of External Banks..............................19 Introduction................................................................19 Create New Payment Advice Category.............................................19 Link Payment Advice Category to corresponding memory objects......................... 20 Validate details of Payment Advice Category........................................ 20 Assign Counterparty External Reresentation.........................................20 Extensible Objects (XO) Customizing (/nXO80)...................................... 21 Generating Multi Digit Account Number for New Business Object..........................21 2.6 Business Partner Configuration.................................................... 22 2.7 Mandatory Business Partner Identification Documents....................................23 2.8 Account Profile Configuration......................................................23 3 Product Setup................................................................25 3.1 Sample Account Products........................................................25 Introduction................................................................25 Checking Account........................................................... 25 Time Deposit...............................................................26 Budget Account.............................................................28 Cash Account...............................................................29 Banking Services from SAP 8.0, Localization for C.I.S. 2 CUSTOMER Content Special Account.............................................................30 Account Product Creation Without using Templates...................................32 3.2 Product Configuration...........................................................34 Introduction................................................................34 Multicurrency Time Deposit.....................................................35 4 Account Number Engine Setup...................................................48 5 Business Process Setup........................................................49 5.1 Document Numbers for Accounting................................................. 49 Configuration for Document Type................................................ 49 Configuration for Document Number..............................................50 5.2 Document Numbers for Accounting - sAFI.............................................55 Configure Document Type......................................................55 Configure Document Number...................................................58 5.3 Customizing for Event After Reporting Date............................................58 Introduction................................................................58 Customizing for Event After Reporting Date (EARD)................................... 59 Customizing for Adding Own Check...............................................59 5.4 Customizing for Interest Accrual....................................................62 Introduction................................................................62 Map Transaction Types to Posting Categories and Condition Types........................ 62 Customizing for Settlement BAdI.................................................62 5.5 Customizing for Capital Yield Tax...................................................63 Introduction................................................................63 Creation and Customizing for Tax Item Postings......................................63 Customizing Relevant for Tax Manager.............................................64 Customizing for Settlement BAdI.................................................73 Creating Precious Metal Product.................................................73 Tax on Foreign Currency.......................................................74 5.6 Customizing Settings for Early Withdrawal of Time Deposit.................................81 Introduction................................................................81 Define Differentiation categories.................................................82 Assign Condition Categories to Differentiation Categories...............................82 Create Posting Types.........................................................82 Create Posting Types.........................................................83 Define Condition Type.........................................................83 Create Condition Group....................................................... 84 Create Condition Types and Assign Posting Categories.................................84 5.7 Customizing Settings for Automatic Product Change.....................................84 Introduction................................................................84 Registering in Product Control...................................................85 Banking Services from SAP 8.0, Localization for C.I.S. Content CUSTOMER 3 IOA Customizing for Demand Deposit Product....................................... 85 Enter Operational Event Type in SDL.............................................. 85 Post Processing Settings...................................................... 86 5.8 Customizing for Loans...........................................................86 IOA Settings................................................................86 Calculation Procedure........................................................ 90 Chart of Accounts........................................................... 99 Posting Rules..............................................................108 Financial Position...........................................................136 Good Loans MDA Balance Transfers..............................................136 5.9 Setup of End-of-Day Processing................................................... 136 ANE Reporting.............................................................136 Schedule ANE Reporting During End-of Day Processing................................137 5.10 Customizing for Accounting Document Externalization...................................139 5.11 Accounting Document..........................................................140 Define Posting Types.........................................................140 Assign Posting Type to Transaction Type..........................................140 Define Placeholder for Smart AFI Note.............................................141 Define Smart AFI Note Template.................................................141 Banking Services from SAP 8.0, Localization for C.I.S. 4 CUSTOMER Content 1 Getting Started 1.1 About this Guide This guide is the central source of configuration information for banking services from SAP 8.0, localization for C.I.S.This guide provides configuration information for the following topics: ● Initial setup ● Product setup, including the sample products that you can use as templates to create your own, customer- specific products ● Account number engine (ANE) setup, which describes how to configure the central tool for generating and storing multidigit account numbers ● Business process setup, which describes how to configure the system for specific business processes 1.2 Business Content Business Content is a set of Customizing settings that provides a preconfiguration of different business scenarios covered by banking services from SAP. After you have activated Business Content, the system contains a ready- to-run configuration for the respective business scenario. The localized Business Content covers the following business scenarios: ● Accounting for Financial Instruments (AFI) – International Financial Reporting Standards (IFRS) and Russian GAAP ● End-to-end scenarios for savings accounts and checking accounts to comply with Russian GAAP For more information about the Business Content that is delivered with the localization for Russia, see SAP Library at http://help.sap.com/bankingservices80loc
Recommended publications
  • SAP® SOLUTIONS and ACCOUNTING STRATEGIES © Copyright 2007 SAP AG
    SAP Solution in Detail SAP for Banking ACCOUNTING IN BANKS: SAP® SOLUTIONS AND ACCOUNTING STRATEGIES © Copyright 2007 SAP AG. All rights reserved. HTML, XML, XHTML and W3C are trademarks or registered trademarks of W3C®, World Wide Web Consortium, No part of this publication may be reproduced or transmitted in Massachusetts Institute of Technology. any form or for any purpose without the express permission of SAP AG. The information contained herein may be changed Java is a registered trademark of Sun Microsystems, Inc. without prior notice. JavaScript is a registered trademark of Sun Microsystems, Inc., Some software products marketed by SAP AG and its distributors used under license for technology invented and implemented contain proprietary software components of other software by Netscape. vendors. MaxDB is a trademark of MySQL AB, Sweden. Microsoft, Windows, Excel, Outlook, and PowerPoint are registered trademarks of Microsoft Corporation. SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver, Duet, PartnerEdge, and other SAP products and services IBM, DB2, DB2 Universal Database, OS/2, Parallel Sysplex, mentioned herein as well as their respective logos are trademarks MVS/ESA, AIX, S/390, AS/400, OS/390, OS/400, iSeries, pSeries, or registered trademarks of SAP AG in Germany and in several xSeries, zSeries, System i, System i5, System p, System p5, System x, other countries all over the world. All other product and System z, System z9, z/OS, AFP, Intelligent Miner, WebSphere, service names mentioned are the trademarks of their respective Netfinity, Tivoli, Informix, i5/OS, POWER, POWER5, POWER5+, companies. Data contained in this document serves informational OpenPower and PowerPC are trademarks or registered purposes only.
    [Show full text]
  • Sapindus Saponaria Florida Soapberry1 Edward F
    Fact Sheet ST-582 October 1994 Sapindus saponaria Florida Soapberry1 Edward F. Gilman and Dennis G. Watson2 INTRODUCTION Florida Soapberry grows at a moderate rate to 30 to 40 feet tall (Fig. 1). The pinnately compound, evergreen leaves are 12 inches long with each leaflet four inches long. Ten-inch-long panicles of small, white flowers appear during fall, winter, and spring but these are fairly inconspicuous. The fleshy fruits which follow are less than an inch-long, shiny, and orange/brown. The seeds inside are poisonous, a fact which should be considered in the tree’s placement in the landscape, especially if children will be present. The bark is rough and gray. The common name of Soapberry comes from to the soap-like material which is made from the berries in tropical countries. Figure 1. Mature Florida Soapberry. GENERAL INFORMATION DESCRIPTION Scientific name: Sapindus saponaria Height: 30 to 40 feet Pronunciation: SAP-in-dus sap-oh-NAIR-ee-uh Spread: 25 to 35 feet Common name(s): Florida Soapberry, Wingleaf Crown uniformity: symmetrical canopy with a Soapberry regular (or smooth) outline, and individuals have more Family: Sapindaceae or less identical crown forms USDA hardiness zones: 10 through 11 (Fig. 2) Crown shape: round Origin: native to North America Crown density: dense Uses: wide tree lawns (>6 feet wide); medium-sized Growth rate: medium tree lawns (4-6 feet wide); recommended for buffer Texture: medium strips around parking lots or for median strip plantings in the highway; reclamation plant; shade tree; Foliage residential street tree; no proven urban tolerance Availability: somewhat available, may have to go out Leaf arrangement: alternate (Fig.
    [Show full text]
  • Bayerische Staatsforsten Leaner Processes and Better Customer Relations with Sap® Software
    BAYERISCHE STAATSFORSTEN LEANER PROCESSES AND BETTER CUSTOMER RELATIONS WITH SAP® SOFTWARE QUICK FACTS “Thanks to SAP NetWeaver and SOA, Company Implementation Highlights • Name: Bayerische Staatsforsten (Bavarian • Connected highly specialized in-house our project team was able to connect state forestry company) developments to the SAP software the geographic information system to • Location: Regensburg, Germany landscape • Industry: Mill products • Transitioned from an administrative organi- the SAP solution in just two days.” • Products and services: Production and zation to a business enterprise in a very sale of raw timber, hunt management short amount of time Matthias Frost, Head of Information and Commu- • Revenue: €340 million • Rapidly developed interfaces for connect- nications Technology, Bayerische Staatsforsten • Employees: 2,900 ing the geographic information system • Web site: www.baysf.de (GIS) to the SAP application • Implementation partners: SAP® Consulting, ESRI Why SAP • Enhanced functionality to correctly map Challenges and Opportunities financial processes • Map forestry-specific business processes • Improved integration of in-house with SAP solutions developments • Integrate a large number of small locations • Future-proof investments thanks to regular and many mobile users with a broad appli- technology updates cation spectrum Benefi ts Objectives • Lean logistics business processes • Transition from an administrative organiza- • Legal certainty for internal and external tion to a business enterprise on the IT side
    [Show full text]
  • Applying Landscape Ecology to Improve Strawberry Sap Beetle
    Applying Landscape The lack of effective con- trol measures for straw- Ecology to Improve berry sap beetle is a problem at many farms. Strawberry Sap Beetle The beetles appear in strawberry fi elds as the Management berries ripen. The adult beetle feeds on the un- Rebecca Loughner and Gregory Loeb derside of berries creat- Department of Entomology ing holes, and the larvae Cornell University, NYSAES, Geneva, NY contaminate harvestable he strawberry sap beetle (SSB), fi eld sanitation, and renovating promptly fruit leading to consumer Stelidota geminata, is a significant after harvest. Keeping fi elds suffi ciently complaints and the need T insect pest in strawberry in much of clean of ripe and overripe fruit is nearly the Northeast. The small, brown adults impossible, especially for U-pick op- to prematurely close (Figure 1) are approximately 1/16 inch in erations, and the effectiveness of the two length and appear in strawberry fi elds as labeled pyrethroids in the fi eld is highly fi elds at great cost to the the berries ripen. The adult beetle feeds variable. Both Brigade [bifenthrin] and grower. Our research has on the underside of berries creating holes. Danitol [fenpropathrin] have not provided Beetles prefer to feed on over-ripe fruit but suffi cient control in New York and since shown that the beetles do will also damage marketable berries. Of they are broad spectrum insecticides they not overwinter in straw- more signifi cant concern, larvae contami- can potentially disrupt predatory mite nate harvestable fruit leading to consumer populations that provide spider mite con- berry fi elds.
    [Show full text]
  • Practice of Ayurveda
    PRACTICE OF AYURVEDA SWAMI SIVANANDA Published by THE DIVINE LIFE SOCIETY P.O. SHIVANANDANAGAR— 249 192 Distt. Tehri-Garhwal, Uttaranchal, Himalayas, India 2006 First Edition: 1958 Second Edition: 2001 Third Edition: 2006 [ 2,000 Copies ] ©The Divine Life Trust Society ISBN-81-7052-159-9 ES 304 Published by Swami Vimalananda for The Divine Life Society, Shivanandanagar, and printed by him at the Yoga-Vedanta Forest Academy Press, P.O. Shivanandanagar, Distt. Tehri-Garhwal, Uttaranchal, Himalayas, India PUBLISHERS’ NOTE Sri Swami Sivanandaji. Maharaj was a healer of the body in his Purvashram (before he entered the Holy Order of Sannyasa). He was a born healer, with an extraordinary inborn love to serve humanity; that is why he chose the medical profession as a career. That is why he edited and published a health Journal “Ambrosia”. That is why he went over to Malaya to serve the poor in the plantations there. And, strangely enough, that is why, he renounced the world and embraced the Holy Order of Sannyasa. He was a healer of the body and the soul. This truth is reflected in the Ashram which he has established in Rishikesh. The huge hospital equipped with modern instruments was set up and the entire Ashram where all are welcome to get themselves healed of their heart’s sores and thoroughly refresh themselves in the divine atmosphere of the holy place. Sri Swamiji wanted that all systems of healing should flourish. He had equal love and admiration for all systems of healing. He wanted that the best of all the systems should be brought out and utilised in the service of Man.
    [Show full text]
  • Forest and Land Use
    Simplified Approval Process SIMPLIFIED APPROVAL PROCESS (SAP) TECHNICAL GUIDELINES Forest and Land Use INTRODUCTION DEFINITION The publication provides technical guidance for the preparation of SAP proposals. The thematic area of forest and land use encompasses forests and other multiple land-cover types where forests are a prominent component of the landscape (see Figure 1). This can range from natural forests, where ecosystems are not directly impacted by human activities (e.g. primary forests) to more intensively transformed landscapes – such as secondary growth forests, degraded forest landscapes, agroforestry systems and trees outside forests, sustainably managed forests and forestry plantations. LINKS TO CLIMATE CHANGE Forests play an important role in both adaptation and mitigation as they provide local ecosystem services relevant for adaptation as well as the global ecosystem service of carbon sequestration, relevant for mitigation.1 Forest conservation and restoration of degraded ecosystems are a large part of the solution to climate change and the Paris Agreement2 explicitly recognizes the role of forests in the mitigation of climate change. 1. Locatelli B., Evans V., Wardell A., Tropical deforestation is a major contributor to current global climate emissions, accounting for Andrade A. & Vignola R. (2011). Forests one quarter of global greenhouse gas emissions.3 Deforestation and forest degradation drivers and climate change in latin America: linking adaptation and mitigation. are varied and context specific. However, the conversion of forests to use for commercial Forests, 2(1), 431–450. https://doi. agriculture and the general expansion of agriculture accounts for a significant share of tropical org/10.3390/f2010431. deforestation. 2. See: https://unfccc.int/resource/ docs/2015/cop21/eng/l09r01.pdf 3.
    [Show full text]
  • Nontimber Forest Products in the United States: an Analysis for the 2015 National Sustainable Forest Report
    United States Department of Agriculture Nontimber Forest Products in the United States: An analysis for the 2015 National Sustainable Forest Report James Chamberlain, Aaron Teets, and Steve Kruger Forest Service Southern Research Station e-General Technical Report SRS-229, February 2018 Authors: James Chamberlain is a research forest products technologist, U.S. Department of Agriculture, Forest Service, Southern Research Station, Forest Inventory & Analysis, 1710 Research Center Drive, Blacksburg, VA 24060, phone (540) 231-3611; Aaron Teets, formerly a research assistant with Conservation Management Institute, Virginia Tech, Blacksburg, VA 24060, is currently with the University of Maine, School of Forest Resources, Orono, ME 04469; and Steve Kruger is a Ph.D. candidate at Virginia Tech, Forest Resources & Environmental Conservation Department, College of Natural Resources & Environment, Blacksburg, VA 24060. February 2018 Southern Research Station 200 W.T. Weaver Blvd. Asheville, NC 28804 www.srs.fs.usda.gov Nontimber Forest Products in the United States: An analysis for the 2015 National Sustainable Forest Report James Chamberlain, Aaron Teets, and Steve Kruger CONTENTS ABSTRACT .................................................................................................................................... 1 INTRODUCTION ............................................................................................................................ 1 Nontimber Forest Products ....................................................................................................
    [Show full text]
  • Lenape Names of Trees Fruit Trees
    LENAPE NAMES OF TREES These are names and photographs of some of the common fruit and nut trees known to the Lenape or Delaware Indians. In the first column there are links in blue that can be clicked to take you to the Lenape Talking Dictionary (www.talk-lenape.org) where you can hear the Lenape name of the tree. In the third column enclosed in “ ” is the literal translation of the Lenape name. Some uses for the trees are given in italics. FRUIT TREES mahchikpiakw Pawpaw tree http://talk-lenape.org/detail?id=4181 mahchikpi Pawpaw http://talk-lenape.org/detail?id=4177 sipuwasimënshi Plum tree http://talk-lenape.org/detail?id=9630 sipuwas http://talk-lenape.org/detail?id=9628 ximënshi Persimmon (Diospyros virginiana) http://talk-lenape.org/detail?id=11569 “Persimmon Tree.” The sap of the tree can be used to stop earache. ximin http://talk-lenape.org/detail?id=11567 mwimënshi Wild Black Cherry http://talk-lenape.org/detail?id=5326 (Prunus serotina) The bark is used to make mwimin a cough medicine. Also http://talk-lenape.org/detail?id=5327 for colds and pneumonia. pilkëshakw Peach tree http://talk-lenape.org/detail?id=8727 (Prunus Persica) Peach leaves together pilkësh with mulberry leaves, to http://talk-lenape.org/detail?id=8725 induce vomiting. òkhatimënshi (Morus Rubra). http://talk-lenape.org/detail?id=7914 mulberry òkhatim http://talk-lenape.org/detail?id=7912 hàkhàkopëlìshakw pear tree http://talk-lenape.org/detail?id=1237 “bottle apple” hàkhàkopëlìsh pear http://talk-lenape.org/detail?id=1235 apëlìshakw apple tree http://talk-lenape.org/detail?id=551 apëlìsh apple http://talk-lenape.org/detail?id=549 chèlisakw cherry tree http://talk-lenape.org/detail?id=704 chèlis cherry http://www.talk-lenape.org/detail?id=703 wisaòpëlësh orange http://www.talk-lenape.org/detail?id=12368 “yellow apple” -or- òlënch http://talk-lenape.org/detail?id=7930 sakwënakanimunshi black haw tree http://talk-lenape.org/detail?id=9115 (Viburnum rufidulum), Small bands of bark are boiled and strained and the tea taken to cure stomach cramps.
    [Show full text]
  • Plant Petiole Sap-Testing for Vegetable Crops1 George Hochmuth2
    CIR1144 Plant Petiole Sap-Testing For Vegetable Crops1 George Hochmuth2 Various nitrate and potassium “quick-test” kits for vegetable Sap vs. dried petioles. There are some published book plant sap-testing have been calibrated for use on Florida values for petiole nitrate-nitrogen, but these values are vegetables. The objective has been to find a system that sometimes based on dried petioles and are not directly growers can use in the field to help manage nitrogen (N) transformable to fresh sap nitrate-nitrogen concentrations. and potassium (K) fertilizer—especially for drip-irrigated Only fresh petiole sap nutrient values can be used with a vegetables. fresh petiole sap-testing procedure. Testing the plant rather than the soil during the season Sampling is preferred because, as the end repository for N and K, the plant provides information for diagnosing problems. Time of day. Temperature and time of day might influence In addition, N and K are mobile in Florida’s sandy soils. plant sap nitrate content. Making readings consistently A soil test for these nutrients provides only a snapshot of between 9 a.m. and 4 p.m. will yield the most consistent the nutrient content of the soil, the results of which can be results. Reasonable standardization of temperature and changed quickly by rain or irrigation. weather conditions under which sampling is carried out will help provide for more consistent test results. As growers and consultants begin to use sap test technol- ogy, questions arise regarding sap-testing procedures. Leaf age. The Florida calibration charts for vegetable The following guidelines should help individuals who are sap-testing were developed for petioles (leaf stems) of currently using—or are interested in using—sap-testing.
    [Show full text]
  • Perennial Edible Fruits of the Tropics: an and Taxonomists Throughout the World Who Have Left Inventory
    United States Department of Agriculture Perennial Edible Fruits Agricultural Research Service of the Tropics Agriculture Handbook No. 642 An Inventory t Abstract Acknowledgments Martin, Franklin W., Carl W. Cannpbell, Ruth M. Puberté. We owe first thanks to the botanists, horticulturists 1987 Perennial Edible Fruits of the Tropics: An and taxonomists throughout the world who have left Inventory. U.S. Department of Agriculture, written records of the fruits they encountered. Agriculture Handbook No. 642, 252 p., illus. Second, we thank Richard A. Hamilton, who read and The edible fruits of the Tropics are nnany in number, criticized the major part of the manuscript. His help varied in form, and irregular in distribution. They can be was invaluable. categorized as major or minor. Only about 300 Tropical fruits can be considered great. These are outstanding We also thank the many individuals who read, criti- in one or more of the following: Size, beauty, flavor, and cized, or contributed to various parts of the book. In nutritional value. In contrast are the more than 3,000 alphabetical order, they are Susan Abraham (Indian fruits that can be considered minor, limited severely by fruits), Herbert Barrett (citrus fruits), Jose Calzada one or more defects, such as very small size, poor taste Benza (fruits of Peru), Clarkson (South African fruits), or appeal, limited adaptability, or limited distribution. William 0. Cooper (citrus fruits), Derek Cormack The major fruits are not all well known. Some excellent (arrangements for review in Africa), Milton de Albu- fruits which rival the commercialized greatest are still querque (Brazilian fruits), Enriquito D.
    [Show full text]
  • Strawberry Sap Beetle
    2009 BERRY CROPS http://hdl.handle.net/1813/43132 Integrated Pest Management Strawberry Sap Beetle Stelidota geminata (Say) (Coleoptera: Nitidulidae) Rebecca Loughner and Gregory Loeb Department of Entomology, Cornell University, NYSAES, Larvae Geneva, NY Larvae are off-white with a dark-colored head capsule (fig. 2). After hatching, larvae search for food, favoring fruit that is Introduction touching the ground. Within three days of hatching the third The strawberry sap beetle is found throughout the Eastern and larval stage has developed and feeding continues for another upper Mid-western United States. Although primarily a pest on three days. Over the next three days, larvae move out of feeding strawberry, the beetle damages raspberry and will feed on a sites, and burrow into the soil where they construct a pupal cell wide range of other crops, including blueberry, cherry, apple, 1 – 2 cm (3/8 to 3/4 in.) below the soil surface and the larvae melon, and sweet corn. Multiple generations of strawberry sap soon molt. beetle are possible per year depending on availability of these other crops. Pupae Initially a pale cream color, the eyes darken and the wings turn Adults a gray color within 3 – 4 days (fig. 3). The beetles emerge Beetles are about 1.5 mm (1/16 in.) in length and are brown with from the soil in about a week. Thus, the total time required for a lighter colored X-shaped marking across the wings (fig. 1). maturation from egg to adult is only about three weeks. Most adults overwinter outside strawberry fields in the leaf litter of wooded areas, but strawberry sap beetle can also survive Damage the winter in mulch underneath blueberry bushes and raspberry Both adult beetles and larvae can feed on ripe fruit, including canes.
    [Show full text]
  • Naval Stores History, Dr
    Highlighting Naval Stores History, Dr. Jan Davidson Wilmington postcard, 1909, Gift of Laura Howell Norden Schorr Naval Stores were the lifeblood of colonial and antebellum North Carolina, and they were an important part of the economy into the late 19th century. The Cape Fear region was the center of the industry. Naval Stores production helped shape the region’s population, by encouraging the dependence on enslaved people’s labor, and by creating a need for a town with merchants to market naval stores. They were a good business in a region where trees and water dominated the landscape, labor was scarce, and the land was poor. In the 18th century, North Carolina produced 70 percent of the tar, more than 50% of the turpentine, and 20% of the pitch that was exported from North America. According to one 19th century account, “Nearly the whole trade of the town [Wilmington] is derived from the produce of the pine forests. The Wharves display immense quantities of pitch and resin barrels, and stills for the manufacture of turpentine are numerous.”1This made Wilmington a rather dangerous place to live. According to one scholar, “In Wilmington, twenty distillery fires occurred from 1842 to 1853, and many fires destroyed wharves and other places where turpentine was stored. Turpentine fires sometimes incinerated an entire community. Anyone who ran a still was living a dangerous life and posed a threat to the community.”2 1 Robert Russell North America: Its Agriculture and Climate, (Edinburgh: Robert and Black, 1857), p. 158 2 Lawrence S. Earley, Looking for Longleaf: The Fall and Rise of An American Forest, (University of North Carolina Press, 2004) pp, 105-106 1 What Are Naval Stores? There are four main products that fall under the heading “naval stores:” tar, pitch, spirits of turpentine, and rosin.
    [Show full text]