Weekends and Holidays
You use the transaction calendar to tell General Ledger which days in the accounting calendar are business days versus non-business days. Non-business days:
- May not be used for posting transactions, unless you explicitly tell General Ledger to allow this.
- Are included when determining the number of days in the range.
Even though transactions are generally not posted to accounts on non-business days, General Ledger still maintains and stores aggregate balances for non-business days, as well as business days.
See Also
Overview
Basic Business Needs
Average Balance Examples
Major Features
Set Up and Maintenance
Multi-Currency Processing
Consolidation
On-line Inquiry
Reporting
