G/L Category and G/L Offset (general ledger category and general ledger offset)

Enter a value from the G/L Posting Code (41/9) UDC that identifies the general ledger offset that system uses when it searches for the account to which it posts the transaction. If you do not want to specify a class code, enter **** (four asterisks) in this field.

You can use automatic accounting instructions (AAIs) to predefine classes of automatic offset accounts for the JD Edwards EnterpriseOne Inventory Management system from Oracle, JD Edwards EnterpriseOne Procurement system from Oracle, and JD Edwards EnterpriseOne Sales Order Management system from Oracle. You might assign general ledger class codes as follows:

IN20: Direct ship orders

IN60: Transfer orders

IN80: Stock sales

The system can generate accounting entries based upon a single transaction. For example, a single sale of a stock item can trigger the generation of accounting entries similar to:

Sales-Stock (Debit) xxxxx.xx

Accounts Receivable Stock Sales (Credit) xxxxx.xx

Posting Category: IN80

Stock Inventory (Debit) xxxxx.xx

Stock COGS (Credit) xxxxx.xx

The system uses the class code and the document type to find the AAI.