Hi Team
Can someone explain, how to configure rule based on New Automatic Posting for “GL Automatic Posting Rules”. Request you to provide examples / scenarios where this New Automatic Posting Rule can be applied.
Refer the screenshot below:
Hi Team
Can someone explain, how to configure rule based on New Automatic Posting for “GL Automatic Posting Rules”. Request you to provide examples / scenarios where this New Automatic Posting Rule can be applied.
Refer the screenshot below:
Hi,
Many use cases of an automatic posting rule would be to move a value from account string a to account string b. This can be described as a reclassing (reversing) entry. Reverse A and move to B.
Another common use case would be to create new postings. For example, take a cost X from account string A and multiply that by a value Y and post the results to string B and C. Examples can include an overhead or moving values to statistics accounts for later allocation processing.
The new simply implies new posting lines where you need to enter +and - posting results. The reversing option simply defaults the - line with account string * (magic wild card that copies whatever was in the original)
Both are commonly used.
Hi
This is used for if the automatic posting must be run one fore time after an automatic posting. Let me explain in a different way. Say that you have 4 GL accounts 6000, 7000, 8000 and 9000
You have a rule number 1 that whenever you enter a cost to 6000, you are reposting it to account 7000, 8000 and 9000.
You have another rule number 2 that whenever a balance hits to 7000 account, you are reposting it to 8000 and 9000.
So the checkbox is used to decide if account 7000 is reposted from rule number 1 shall be reposted one more time because now it is hitting rule number 2.
If you select it then you will have 2 reposting rule applied. If not selected, then system will skip reposting of account 7000.
I hope it is clear.
Hi,
Many use cases of an automatic posting rule would be to move a value from account string a to account string b. This can be described as a reclassing (reversing) entry. Reverse A and move to B.
Another common use case would be to create new postings. For example, take a cost X from account string A and multiply that by a value Y and post the results to string B and C. Examples can include an overhead or moving values to statistics accounts for later allocation processing.
The new simply implies new posting lines where you need to enter +and - posting results. The reversing option simply defaults the - line with account string * (magic wild card that copies whatever was in the original)
Both are commonly used.
Hi
This is used for if the automatic posting must be run one fore time after an automatic posting. Let me explain in a different way. Say that you have 4 GL accounts 6000, 7000, 8000 and 9000
You have a rule number 1 that whenever you enter a cost to 6000, you are reposting it to account 7000, 8000 and 9000.
You have another rule number 2 that whenever a balance hits to 7000 account, you are reposting it to 8000 and 9000.
So the checkbox is used to decide if account 7000 is reposted from rule number 1 shall be reposted one more time because now it is hitting rule number 2.
If you select it then you will have 2 reposting rule applied. If not selected, then system will skip reposting of account 7000.
I hope it is clear.
Thanks for your help, It worked.
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