Variance

1. Variance Tolerance Limit

Enter an amount for the tolerance limit for automatic write-offs. You can also enter an amount with a percent sign to indicate that the number should be used as a percentage. If you leave this processing option blank, tolerance limits are not used.

2. Journal Entry Creation

Specify whether to automatically create journal entries to write off variances that are equal to or less than the tolerance limit. Values are:

Blank: Do not automatically create journal entries. Variance amounts are listed separately.

1: Automatically create journal entries.

3. Enter the date mode for the Journal Entry.

Specify the date to use for the journal entry. Values are:

0: System date.

1: General ledger date.

2: Value (cleared) date.

Business Unit

Enter the business unit of the GL account for the journal entry. If you leave this processing option blank, the system uses the business unit of the bank account that appears on the bank statement.

Object Account and Subsidiary

Enter the object account and the subsidiary of the GL account for the journal entry.