Updating Global Ledger transactions

  1. Select Inventory Post and Close > Journalize.
  2. Click Journalize Distributions and specify this information:
    Finance Enterprise Group
    Select a finance enterprise group.
    Company
    Select a company.
    Company Group
    Select a company group.
    Post Thru Date
    Select a post thru date. All transactions up to this date will be journalized.
  3. Click Submit to perform this action now, or click Schedule to schedule this action to run later.
  4. Optionally, you can run Standard Cost Calculation to create reversing journal entries for the difference between purchase order cost and standard cost for matched not received and received not invoiced accounts. See the Purchasing User Guide.