Enter Cash Account Posting Information
Explanation
Use this activity to enter posting control information related to new
cash accounts used in accounts payable and accounts receivable via the
Posting Control page.
After new cash accounts are entered in the Cash Accounts
page, they must be linked to an account in IFS/Accounting Rules. You cannot
create any payment voucher until you have entered posting control information
for a new cash account.
Prerequisites
This activity has the following prerequisites:
- The cash account must be in the Cash Accounts
page.
- Posting control information must exist for the Cash Transaction Posting
Type PP1 and it is controlled by Control Type PC2 (for Cash Account). There
are also other control types than PC2.
System Effects
As a result of this activity:
- A voucher with Posting Type PP1 can be created when payments are entered
on the cash account and the invoices included in the payment transaction
are marked as Paid or Partly Paid in accounts receivable/accounts payable