Posting an Accounting Transaction in General Ledger Accounting 

The steps for entering and posting a document (accounting transaction) in General Ledger accounting can be summarized as follows:

  1. From the General Ledger screen, choose the required function for entering a document.

    2. You can for example, choose one of the following posting types:

    · G/L account posting

    · Foreign currency valuation

    The "Incoming payment", "Outgoing payment", and "Post with clearing" options are clearing functions. For more information, see the FI General Ledger Accounting documentation.

  2. On the first screen, enter the required header data (usually: Document date, document type, company code, posting date, and currency).
  3. Also on the first screen, enter the posting key and the G/L account number of the first line item. Choose Enter.

    4. The posting key and the field status group for the G/L account determine which fields are displayed on the next screen.

  4. On the next screen, enter the details of the first line item. The posting key and the account number at the end of each screen determine which fields are displayed on the next screen for entering a line item.

    5. At least two G/L account line items are required.

  5. When the debits equal the credits, and the data is complete, post the document.

The system updates the document file and the G/L account balances.