G/L Period Processing (AR)

Owned by Stephen Juliano (Unlicensed)
Last updated: Jul 06, 2022 by Colleen Juliano
2 min read

Table of Contents

Overview

All general ledger entries made in the A/R module are posted in batch to the General Ledger.  When posting the A/R to the G/L a report prints indicating all of transactions that cause the entries and a summary page which shows the actual journal entry that will be made.  Post the A/R to the General Ledger as often as necessary.  Financial statements from the General Ledger will reflect the A/R entries only after the A/R has been posted to the General Ledger.

The user can choose to print just the posting report without actually posting the entries to the General Ledger by clicking on the Print icon on the toolbar.

Detail

To Post A/R to G/L

  1. Choose Post A/R to G/L from the ARV menu.  This will open the Post AR to GL screen.

  2. Choose the period to post AR transactions from.  Only un-posted transactions that occur during that time period will be posted.
    The Start and End Dates must both be in the same period and that period must be an open period in the General Ledger.

  3. Choose the G/L Post Date.  This will be the date of the journal entry in the General Ledger and will default to the ending date of the time period chosen.
    The G/L postdate must fall between the start and end date and it must be an open period in the General Ledger.

  4. Choose the type of report.

  5. Click on Post Transactions -- The posting report will be displayed (see the next page). Print the report for record keeping purposes. The report can be reprinted using the Reprint G/L posting on the Reports menu.

  6. When prompted, click on Yes to post the transactions to the General Ledger.

AR > Post AR to GL