G/L Date

These processing options specify the default values for GL processing.

1. Journal Entry G/L Date (journal entry general ledger date)

Specify the GL date for the system to assign to the journal entry it generates for collected drafts. If you leave this processing option blank, the system assigns the system date.

2. G/L Date From Bank Account Float Day (general ledger date from bank account float day)

Specify whether to add the float days specified for the GL bank account in the Bank Transit Master table (F0030) to the draft due date used as the GL date on the journal entry that the system generates for draft collection. Values are:

Blank: Use the date from the previous processing option.

1: Add the number of float days specified for the GL bank account to the due date.

Note: The system generates a separate journal entry for each GL date that the system calculates.

3. G/L Date from Float Day Entered (general ledger date from float day entered)

Specify whether to use a different number of float days to add to the due date used as the GL date, instead of the days specified for the bank account in the Bank Transit Master table (F0030). Values are:

Blank: Do not specify float days. Use one of the previous processing options to determine the GL date.

1: Use the float days specified in the next processing option to determine the GL date and to select draft records. If you do not specify the float days in the next processing option, the system uses one of the previous processing options or the system date.

4. Number of Float Days

Specify the number of float days for the system to add to the due date used as the GL date on the journal entry that the system generates for draft collection. You must specify a value in this processing option if you specified 1 in the previous processing option.

5. Payment Instrument

Specify the payment instrument for the system to use to select draft records. Use this processing option only if you specified 1 in processing option 3 (G/L Date from Float Day Entered). Otherwise, the system does not select draft records by payment instrument. You are not required to complete this processing option.