![]() ![]() The posting journals will print as they would normally. Then, when we post the batch ( Financial Page | Transactions | Series Post or Batches) it behaves as it would normally. Once you have your batch configured, you can enter transactions as you would normally at Financial Page | Transactions | General. This can be used if you need to increment the recurring batch in a nonstandard way-for example, every 15 days. Days to Increment – This field is available if the frequency selected is miscellaneous.Note: When the recurring postings are reached, the entries will post the final time and not recur. Recurring Posting – Select this option if you want the batch to be posted only a certain number of times-perhaps a recurring batch is only valid for 12 months, so there would be 12 postings.Times Posted – This will track the total number of times you have posted the batch.Last Date Posted – This will track the last time you posted the recurring batch.You then can enter updated amounts before posting the batch the next time. Clear Recurring Amounts – This option will clear the amounts in the entry window when the batch is posted.You can save entries to the batch.įor recurring batches, there are five additional important fields: If you pick another frequency, like monthly, the batch automatically becomes a recurring batch. A single-use batch is posted once, and the transactions are no longer available in Work (unposted status). This defaults to single use, which is used for most journal entries. The key to setting up a recurring batch is the frequency. Let’s start with the batch setup: Financials Page | Transactions | Batches But with the use of recurring batches, we can simplify the process-and hopefully speed up your month-end! We could definitely do this longhand each month, entering each journal entry manually. Most finance departments have at least a handful of journal entries they need to make on a regular basis, whether for accruals or allocations or other reclass entries. ![]()
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