Understanding Invoice and G/L Batch Posting

After you create the final invoice journal entries, you complete the overall billing process by reviewing, approving, and posting the final invoice journal entries to the Account Ledger table (F0911).

During the post process, the system:

• Selects the data to post.

• Validates information and processes errors.

• Creates automatic offsets.

• Posts transactions.

• Updates the posted codes and batch status.

When you post a batch of invoices, the system creates the automatic entries for offsets to the general ledger for the receivables account. The system typically debits an A/R trade account and credits a revenue account.

If the system created an associated G/L batch when it creates the final invoice journal entries, you also need to post the associated G/L batch.

When you post an associated batch of journal entries, the system creates the automatic offsetting entries and updates the entries in the F0911 table to indicate that they are posted.

You use the Invoice Journal Review (P0011) and the Post Invoices to G/L (R09801) programs to review and post invoice journal entries. These are the same programs that you use in JD Edwards EnterpriseOne General Accounting.

When you post the transactions, the domestic amounts are posted to the AA ledger, and the foreign amounts are created and then posted to the CA ledger. Both ledgers must balance before the batch will post.