The process of transferring information from a batch of transactions to the general ledger accounts is called posting. General Ledger lets you post transactions directly to accounts, or post them provisionally to test their effect.
You use the G/L Post Batches screen to post all or a range of unposted batches.
You can also post individual batches using the G/L Batch List screen. However, you can post only one batch at a time using that screen. (You select the batch you want to post, and then click Post or Provisional Post on the G/L Batch List.)
Before you start
- Print and verify batch
listings for the batches you want to post. If necessary, make corrections.
Note: This step is required if the Force Listing Of Batches option is selected on the Posting tab of the G/L Options screen. If you do not use the Force Listing of Batches option, you can post unlisted batches after you select Ready to Post for each batch.
-
Set each batch that you want to post Ready to Post on the Batch List screen.
- Make sure that:
- The fiscal periods to which you want to post are unlocked for General Ledger.
- The accounts to post to exist in General Ledger and have Active status.
- All entries balance.
- If you are going to post
provisionally, the Allow Provisional Posting
option is selected on the Posting tab of the G/L Options screen.
Important! If you previously posted provisional data, make sure you are ready to delete it—provisionally posted batches are automatically cleared the next time you post.
- Back up your data.
To post transaction batches:
-
General Ledger > G/L Transactions > Post Batches.
- Specify the batches to post by selecting All Batches or Range.
If you want to post a single batch, enter the same batch number for the beginning and end of the range.
- Click Post to post batches permanently.
Click Provisional Post to post on a temporary basis.
After posting batches
- If errors were found and placed in a new batch during posting, correct the errors, then post the batch.
-
Print the Posting Journal for an audit trail report of posted transactions.
To report provisional transactions, print the Provisional Posting Journal.
- When ready, post provisional batches permanently.