This chapter contains these topics:
Section 63.1, "Posting Automatic Receipts for Bank Statements"
Section 63.2, "Posting General Journal Batches for Bank Statements"
After you enter and review bank statement transactions, you need to post them. The posting process updates the General Ledger and Account Balances tables.
The post program is standard throughout the JD Edwards World system.
From General Accounting (G09), choose Account Reconciliation
From Account Reconciliation (G0921), choose Bank Statement Processing
From Bank Statement Processing (G09211), choose Post Automatic Receipts
After you reconcile bank statements to create batches, you must post the automatic receipts. When you run the Post Automatic Receipts program, the system creates the Account Ledger records (F0911) for automatic receipts.
If you do not use a transit account, you must do the following after you post the automatic receipts:
Refresh the reconciliation table to refresh the Account Ledger for Reconciliation worktable (F0911R).
Manually reconcile the receipts.
See Also:
From General Accounting (G09), choose Account Reconciliation
From Account Reconciliation (G0921), choose Bank Statement Processing
From Bank Statement Processing (G09211), choose Post General Journal Batches
After you create batches and post any automatic receipts, such as bank charges, you can post the batches to the General Journal. These batches might include:
Journal entries for write-off amounts
Journal entries between a transit account and the bank account (if you use transit accounts)
To do this, run the Post General Journal Batches program.
Reconcile the bank statement. See Chapter 62, "Reconcile Bank Statements."
Post automatic receipts, if applicable, to create the associated Account Ledger records (F0911). See Section 63.1, "Posting Automatic Receipts for Bank Statements"
From General Accounting (G09), choose Account Reconciliation
From Account Reconciliation (G0921), choose Bank Statement Processing
From Bank Statement Processing (G09211), choose Post Manual Payments
Run the Post Manual Payments program to post both types of manual payments. It has the processing option for batch selection set to M (manual payments), which selects:
Payments With Matching Vouchers (batch type M)
Payments Without Matching Vouchers (batch type W)
You should not change the batch selection in this processing option.
This DREAM Writer program creates payment disbursement entries and offset entries to the general ledger for the payable account.
See Also:
About the Post Process for A/P and Posting Vouchers in the JD Edwards World Accounts Payable Guide
From General Accounting (G09), choose Account Reconciliation
From Account Reconciliation (G0921), choose Bank Statement Processing
From Bank Statement Processing (G09211), choose Post Manual Receipts
You can enter receipts manually into the system and then post them. For example, when a customer remits payment for an invoice, you can enter the payment manually, matching the payment to the associated open invoice.
To do this, run the Post Manual Receipts program.
After you post manual receipts, you can reconcile your bank statement.
Enter and review your bank statement. See Section 60.1, "Entering Bank Statements" and Section 60.3, "Reviewing Bank Statements".