Catch Up
- 1. Catch Up
Specify whether to generate journal entries for catch-up billings, which are accounting profile transactions with a date that precedes the date range specified in the From Date and Through Date processing options. Values are:
Blank: Do not generate.
1: Generate.
- 2. Catch Up G/L Date (catch up general ledger date)
Specify the general ledger date to assign to the journal entries that the system generates for catch-up billings. This processing option is necessary only if you specified to create catch-up billings. If you leave this processing option blank, the system uses the journal date that is assigned to the accounting profile records as the general ledger date.
Important: If you do not assign a general ledger date in the current period, you might not be able to post system-generated entries.