Customers that track Funds or Keep Balance sheets by Cost center need the ability to automatically track the due to/due from between their Funds/Cost Centers.
Ability to distribute Amounts from Allocation Accounts based on Fixed or Variable Account Definitions
GP provides the ability to use Allocation accounts that are used as a clearing account to trigger distributions based on Fixed % or Variable account setups. Variable setups could be based on unit accounts or even Account balances.
Customers have found this feature useful if they have mistakenly added accounts that were mistakenly marked as P&L or Balance Sheet, impacting the accuracy of the close entry.
The General Ledger is the live blood for timely period closings and producing Financial Statements. Attached are bullet points are recommended for implementation and maintain the ERP General Ledger:
Have the ability to copy journal entries from Excel, back out, back out and correct and copy journal entries.
These features can ensure entries are entered correctly and efficiently. A user can Copy and Paste a journal entry from Excel. 2. GP can automatically reverses a backed out entry and can start the new journal and require minor manual input. 3. Cop...
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over 3 years ago
in General Ledger
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