|JD Edwards World General Accounting I Guide
|PDF · Mobi · ePub|
This chapter contains these topics:
After you enter, review, and approve journal entries, post them to the general ledger.
Verify that the batch has an approved status
Ensure that all post menu selections are routed to the same job queue and that the job queue allows only one job to process at a time
From General Accounting (G09), choose Journal Entries
From Journal Entry, Reports, & Inquiries (G0911), choose Post General Journal
After you initially set up the processing options, you need to change only the batch selection processing option when you post.
|Posting an alternate currency ledger||If you use the alternate currency ledger XA, set the appropriate processing option to update the ledger and produce a separate Posting Journal.|
|Making changes during the posting process||While the post is running, do not change accounts, AAIs for the General Accounting system, intercompany settlements in the general accounting constants, or processing options for the post program.|
|Customizing the post program||This program performs a number of complex tasks. JD Edwards World strongly recommends that you do not customize the programming for it.|
|Multicurrency Intercompany adjusting entries||For companies who process multi-currency, intercompany transactions adjusting entries are noted with the value "AM" on the report.|
After posting your journal entries, verify that your batches of journal entries posted successfully. If any batches did not post, you must correct all errors and set the batch to approved status before the system will post the batch. The system creates a variety of reports to help you verify the posting information.
Complete the following tasks:
After you run the post program, use the Posting Edit Report to verify whether the system posted your batches successfully. This report lists:
Batches that posted successfully
Documents with errors that prevented a batch from posting
|Batch not approved for posting||A batch with a pending or error status causes this message.|
|Account not set up in Account Master file (F0901)||Two situations can cause this error message, as follows:
|Batch journal entries out of balance||Debits do not equal credits. If the out-of-balance journal entry is in error, correct the error and post the batch again.
In some cases, you might need to post an out-of-balance journal entry. For example:
To verify the transactions posted to the Account Balances and the Account Ledger tables, review the Posting Journal. It lists only those batches that posted successfully.
Note:For companies who process multi-currency, intercompany transactions adjusting entries are noted with the value "AM" on the report.
If there is a balancing error, the system generates the Detailed Post Error report. If you enter journal entries with multiple currencies, the system generates the other reports listed below.
|Detailed Post Error Report||Lists the detailed transactions in a batch if there is a balancing error.|
|Batch Edit Report||Lists the batches with currency-related problems.|
|Posting Journal||Lists both the CA ledger and converted AA amounts for foreign currency transactions. Additionally, it lists the currency code of the CA ledger amount and the domestic currency of the company for the AA ledger amount.
If you use detailed currency restatement, the system produces separate Posting Journals for the XA, YA, and ZA ledgers.
|Batches with Balancing Problems||Lists AA and CA ledger information.|
On the reports generated for batches with multiple currencies, the CA amounts represent the foreign side of the entry. The AA amounts represent the domestic side of the entry. Both the CA and the AA ledgers must be in balance.