Journal Posting (GL190)
Run Journal Posting (GL190) to post journal entries. The program posts released journal entries created in the General Ledger system, interfaced from a non-Lawson application, or transferred from other Lawson applications. If you use a ProcessFlow system for approving journal entries, the journal entries that require approval must be approved before you can post them to the general ledger.
Processing Effect
The Journal Posting program:
- posts released journal entries with a posting date less than or equal to the Through Posting Date you define,
- creates balancing entries for interzone journal entries,
- creates auto-balancing entries for recurring journal entries that were created in currencies other than the company base currency and posts them either to the auto-balancing system account (if the company uses the auto-balancing option) or the error suspense account (if the company does not use auto-balancing),
- updates account balances,
- changes the journal entries to a posted status, and
- changes journal entry transaction lines to historical status.
- updates the Undistributed Retained Earnings account for Income Statement accounts.
- displays journal posting and ledger journal posting values for auto reversing journal entries.