1. Fixed Assets Implementation Guide
  2. Understanding Transaction Posting

Understanding Transaction Posting

After you enter, review, and approve transactions, post them to the general ledger. All transactions such as journal entries, invoices, and vouchers must be posted to the Account Balances table (F0902) and the Asset Account Balances table (F1202) for fixed assets to update their respective systems with current transaction records and maintain the integrity of the systems.

Note: All journal entries that are within the FX range of accounts in the AAIs must be posted to table F1202 to update the Equipment/Plant Management system with current transaction records.

The post program:

  • Selects unposted transactions and validates each transaction.

  • Creates automatic offsets to the AP and AR trade and tax accounts.

  • Posts accepted transactions to the Account Balances table (F0902; F1202 for fixed assets).

  • Marks the transactions as posted in the respective systems ledger tables, such as the Customer Ledger (F03B11), the Account Ledger (F0911), and the Accounts Payable Ledger (F0411).

  • Sends workflow messages to the Employee Work Center for transactions in error.

  • Prints a general ledger report, a post detail report, or both.

The Post program performs a number of complex tasks. In general, you do not customize the programming for it.