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You can select and post journal batches from the Post Journals window. In addition, you can post a journal batch by choosing the Post button from the More Actions window when you are entering or reviewing a journal entry.
Suggestion: If you have added detail accounts to your summarya ccounts since your last posting operation, run the Maintain Summary Templates program before you post your journal batches. This can improve performance of the posting program. See: Running the Maintain Summary Templates Program
When you post an encumbrance batch imported from Oracle Payables or Oracle Purchasing, General Ledger automatically balances the encumbrance entries to the Reserve for Encumbrance account.
When you post to an earlier open period, actual balances roll forward through the latest open period; budget balances roll forward through the end of the latest open budget year; and encumbrance balances roll forward through the end of the latest open encumbrance year.
If you post a journal entry into a prior year, General Ledger adjusts your retained earnings balance for the effect on your income and expense accounts.
Suggestion: Run a Trial Balance Report whenever you post to a previous fiscal year to ensure that your Retained Earnings account is properly reconciled.
You can automate your posting process by scheduling the Automatic Posting program to periodically select and post batches.
Note: You must define appropriate daily rates for your reporting currencies before you post journals in your primary set of books.
See: Generating Reporting Currency Journals
The journal batches that are created in your reporting sets of books must be posted separately.
Note: You can also post a journal batch by choosing the Post button from the More Actions window when you are entering or reviewing a journal entry. This will post the entire batch containing the journal you are entering or reviewing.
Budgetary Control and Online Funds Checking
Opening and Closing Accounting Periods
Generating Recurring Journal Batches
Generating MassAllocation Journals
Generating MassBudget Journals
Posting Journal Batches Automatically
Multiple Reporting Currencies Overview
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