Prerequisites

Before you can use the Voucher and Payment Posting processes, you must:

1. Complete general ledger setup.

   Before you set up inheritance in PeopleSoft Payables, define SetIDs, ledgers, and PeopleSoft General Ledger business units. Non bank-related inheritance options are maintained by SetID and inheritance group. Bank inheritance options are maintained by bank account.

2. Set up interunit accounting.

3. Define a posting method on the Installation Options - Payables page.

4. Define accounting entry templates on the Accounting Entry Template page.

5. Define ChartFields for PeopleSoft General Ledger business units.

6. Define inheritance options.