Tuesday, November 17, 2009

What is AutoPost in GL?

To facilitate journal batch posting, you can schedule automatic posting based on parameters you specify. You can define multiple criteria sets that include a range of journal effective dates and multiple AutoPost priorities.

For example, suppose after running Journal Import, you routinely post journal entries from Payables to record your payments. To automate posting these batches, you can define a set of criteria to select all unposted journal entries with a source of Payables, a category of Payments, and a balance type of Actual for all periods. You can then schedule the AutoPost program to run at the beginning of each week. Oracle General Ledger automatically selects and posts your Payables payment batches to update your cash balances.
Related Posts Plugin for WordPress, Blogger...