Enter Cash Account Posting Information
Explanation
Use this activity to enter posting control information related to new cash accounts used in accounts
payable and accounts receivable. After new cash accounts are entered in the
Cash Accounts
window in IFS/Payment, they must be linked to an account
in IFS/Accounting Rules.
You cannot create any payment voucher until you have entered posting control
information for a new cash account.
Prerequisites
This activity has the following prerequisites:
- The cash account must be in the Cash Accounts
window.
- Posting control information must exist for the
Cash Transaction Posting Type PP1 and it is controlled by Control Type PC2
(=Cash Account). There are also other control types than PC2.
System Effects
As a result of this activity:
- A voucher with Posting Type PP1 can be created when payments
are entered on the cash account and the invoices
included in the payment transaction are marked as Paid or Partly Paid in accounts receivable/accounts payable
Window
Posting Control
Related Window Descriptions
Posting Control, Posting Control Details
Procedure
To perform this activity, follow these steps:
- Open the
Posting Control
window.
- Query for posting type PP1.
- Right-click on the row and click Details. The
Posting Control
Details window opens.
- Create a new detail record by
activating the cash account part of the window and clicking New.
- Select the cash account from the List of Values.
- In the Account field, enter the account to be used in the general
ledger for the specified cash account.
- Save the changes.