Posting Business Transactions in General Ledger Accounting

Purpose

To make general ledger business transactions available, you post them to general ledger accounts. The system creates a document, saves the data to the database, and then makes the data available for updating.

Features

When you carry out postings to G/L accounts, you enter document header data (usually document date, document type, company code, posting date, and currency) as well as a posting key, G/L account number, and the first line item. The posting key and the field status group for the G/L account determine which fields are displayed on the next screen. See also: Screen Layout

Note Note

Two variants are available for G/L account postings:

  • Standard transaction: Start of the navigation path Accounting Next navigation step Financial Accounting Next navigation step General Ledger Next navigation step Document Entry Next navigation step General Posting End of the navigation path.

  • Single-screen transaction: Start of the navigation path Accounting Next navigation step Financial Accounting Next navigation step General Ledger Next navigation step Document Entry End of the navigation path (see G/L Account Posting - Enjoy Transaction).

You cannot switch between the screen variants.

End of the note.

The system carries out consistency checks before saving the data. If the debits equal the credits, and the data is complete, post the document. If there are errors, the data is not saved and the system proposes adjustments.

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