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SOLUTION
The following steps can then be performed to reconcile online (perpetual) accruals
with General Ledger:
1. Receiving Accounting
a) Ensure that all receiving transactions have been processed for the period.
b) Using the 'Cost Management - SLA' responsibility, submit the 'Create Accounting
- Cost Management' program using these parameters:
c) Using the 'Cost Management - SLA' responsibility, also submit 'Transfer Journal
Entries to GL - Cost Management' program using these parameters:
This will process any receiving accounting records which were not previously
transferred to GL when Create Accounting was run.
2. Payables Accounting
a) Ensure that all invoice transactions in Payables have been processed for the
period.
b) Using a Payables responsibility, submit the 'Create Accounting' program using
these parameters:
This will process any Payables accounting records which were not previously
transferred to GL when Create Accounting was run.
3. Using a General Ledger responsibility, ensure that all journals from the Cost
Management, Payables, Inventory, and Work In Process subledgers have been imported
and posted in GL.
6. Submit the 'Account Analysis Report' for each accrual account appearing in the
'Summary Accrual Reconciliation Report'. The following parameters can be used:
Review the report output. Take note of the account ending balance. This should
reconcile to the account balance shown in the 'Summary Accrual Reconciliation
Report'.