Accounts Receivable Update Posting Summary CodesGrendata Computer Systems
Accounts Receivable Update Posting Summary Codes
If you choose option # 3 from the Accounts Receivable Utilities Menu, you will arrive at this screen. We have shown the screen here with a data record shown for summary code "COMP".
This screen displays and allows editing of one record in the Accounts Receivable posting summary. The Code is the key into the record and all other programs that must update this record obtain or manufacture the proper codes. One example is the filing of a customer invoice. The selling store and product code of the item sold are cross referenced to this posting summary code.
The DESCRIPTION is printed or displayed when ever the posting summary is displayed on the screen or printed on paper.
The General Ledger code is the key into the general ledger accounts when the posting summary is imported at the appropriate time interval.
The three amounts are running totals for current session, current fiscal , and year to date periods.
Finally the Type can be A)sset, L)iability, R)evenue or E)xpense