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JD Edwards World General Accounting I Guide
Release A9.3.x

E21540-03
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12 Understand the Post Process for Journal Entries

This chapter contains the topic:

After you enter, review, and approve journal entries, post them to update the general ledger and the Account Balances table (F0902).

12.1 What Happens during the Post Process?

The system performs the following tasks during the post process:

  • Selects unposted and approved batches with the criteria specified in processing options

  • Edits each transaction to determine whether:

    • The account exists in the Account Master table (F0901) and is a posting account.

    • The business unit exists in the Business Unit Master table (F0006).

    • The G/L date is valid.

    • Intercompany transactions exist.

    • Multi-currency is set up for intercompany transactions and, if so, whether detailed currency restatement is required and set up.

    • Enhanced Subledger Accounting applies to the transaction and, if so, which value is in the Posting Edit Code in the Enhanced Subledger Set Up table (F1601).

  • Edits each batch to ensure that it is in balance and approved

  • Prints any batch errors on the Posting Edit Report

  • Places an entire batch in error if any transactions are in error, which prevents it from posting

  • Posts transactions to the Account Balances table

  • Updates each posted transaction with a G/L posted code of P (posted) in the Account Ledger table (F0911) and creates records for the balances in the Account Balances table (F0902)

  • Updates the status of each posted batch to D (posted) in the Batch Control table (F0011)

  • Posts the domestic amounts to the AA (actual amount) ledger and, if applicable, the foreign amount to the CA (currency amount) ledger

  • Updates the XA, YA, and ZA ledgers, if you use detailed currency restatement

  • Performs intercompany settlements, if applicable

  • Creates reversing entries, if applicable

  • Prints two reports:

    • Posting Edit Report

    • Posting Journal Report

The following graphic illustrates the post processes for journal entries.

Figure 12-1 Post Processes for Journal Entries

Description of Figure 12-1 follows
Description of "Figure 12-1 Post Processes for Journal Entries"