How does ACCOUNTS RECEIVABLE post to GENERAL LEDGER?
ACCOUNTS RECEIVABLE transactions are posted to GENERAL LEDGER through an interface file. After posting in ACCOUNTS RECEIVABLE, you must run the INTERFACE program in the GENERAL LEDGER module. This enters the Accounts Receivable input into the Current Journal in GENERAL LEDGER. Verify the entries with a Current Journal edit list, correct entries as necessary, and post the Current Journal to the General Ledger. Make sure the interface switch on the Accounts Receivable Control Record is checked.
Related Questions
- I am comparing the Overdue Receivables report total with the balance in the Accounts Receivable account in the Ledger but they never match. Why is that?
- Can transactions in accounts payable, accounts receivable, and the general ledger be searched by many different criteria?
- When should the total in accounts receivable column in the cash receipts journal be posted to the general ledger?
