About Creating General Ledger Transactions for Interest Batches

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About Using Accounts Receivable with General Ledger

Creating Interest Batches Automatically

Posting an Invoice Batch

When you post interest batches, Accounts Receivable creates transactions for the revenue accounts specified in the interest profiles for the customers who were charged interest. Posting also creates balancing transactions for the corresponding general ledger receivables control accounts.

Print the posting journal for the interest batches or the G/L Transactions report to view this information.