GL distribution schedules must always have matching credits and debits based on dates.

If a credit is applied to two charges in different months, then the GL distribution for the credit will include: a debit for the full amount, and two credits with dates for different months that sum to the debit amount.

This means that posting one month of transactions to the GL will not be possible: debits must equal credits, or the accounting package will reject the posting.

  • Petra Hall
  • Jan 31 2023
  • Needs review
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