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Attention: Transfer in detail only if you have low transaction volumes. Transferring large amounts of detail transactions can adversely affect General Ledger performance.
For both detail and summary transfers, Inventory passes the organization code, GL batch number, batch description, and batch date. When you transfer in detail, you also pass the material or work in process transaction number. In General Ledger, you can see the transferred information, as follows:
| Transferred Information | Displayed in General Ledger |
|---|---|
| GL batch number | Journal entry batch name |
| Organization code | Journal entry batch name |
| Organization code | Journal entry batch description |
| GL batch date | Journal entry batch description |
| GL transfer description | Journal entry batch description |
| GL batch ID | With the line item sort, this may be displayed in the General Ledger Report, and is stored in GL_JE_LINES table, reference1 column |
| Organization ID | Not displayed, stored in GL_JE_LINES table, reference2 column |
| Transaction ID (for detail transfers only) | Not displayed, stored in GL_JE_LINES table, reference3 column |
| Table 3 - 2. (Page 1 of 1) | |
Attention: Inventory uses the journal source Inventory for both inventory and work in process transactions. The journal categories Inventory and Work in Process distinguish between inventory and work in process transactions.
You can perform the general ledger transfer at any time during an open period--not just at period close. The transfer loads summary or detail accounting activity for any open period into the general ledger interface, including both inventory and work in process entries. When more than one period is open, the transfer selects transactions from the first open period, up to the entered transfer date, and passes the correct accounting date and financial information into the general ledger interface.
For example, when you transfer detail entries, the transaction date is the accounting date with a line for line transfer. When you transfer summary entries with two periods open and enter a transfer date in the second period, the transfer process assigns the period one end date for all the summarized transactions in period one and assigns the entered transfer date for the summarized transactions in period two.
Using Journal Import and Post Journals processes in General Ledger, you can then post this information to the general ledger.
Interim transfers allow you to reconcile and transfer information weekly, making the month-end period close process much simpler and faster.
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