Posting Vouchers - Detail

Posting does the following:

  • Updates vendor records
  • Creates posted transactions
  • Updates the voucher register
  • Updates the G/L journal

During posting, the system performs these steps:

  • Adds the invoice amount to the Purchases YTD field on the Vendors or Multi-Site Vendors form for each posted transaction. For a voucher, the Last Purchase Date field on the Vendors or Multi-Site Vendors form is updated with the distribution date, provided that the distribution date is after the Last Purchase Date.
  • Creates a posted transaction record, using the transaction currency, for each voucher transaction, and updates the corresponding posted transaction record for each adjustment transaction.
  • Creates a voucher register record for each transaction that is not posted from PO. For each transaction, one voucher register distribution record is created for the A/P account, and one is created for each posted distribution record.
  • Creates G/L journal entries for all A/P transactions, whether generated in PO or created in A/P.