Posting options

When entering an allocation, you are required to designate where the funds are originating, the Source, and where the funds are posted from. Posting options are used to control the accounting units, accounts, and amount of detail created within an allocation journal entry.

Note: If you are posting from a contra accounting unit, then you may want to use a pool.

There are four posting options. This table summarizes each option and the impact that they have on the journal entry:

Posting option Post From Post To
Consolidate (C) One detail line is created for the Post From account in the Post From accounting unit One detail line is created for the Post To account in the Post To accounting unit
Level Detail (L) One detail line is created for the Post From account for each override accounting unit One detail line is created for the Post To account for each override accounting unit
Account Detail (A) One detail line is created for each override account in the Post From accounting unit One detail line is created for each override account in the Post To accounting unit
Full Detail (D) One detail line is created for each valid combination of override accounting units and accounts One detail line is created for each valid combination of override accounting units and accounts

Example

Refer to this table of accounts and balances for the example provided.

Account 101 Corporate 501 Administration 502 Diagnostic Totals
55000 100 300 500 900
55050 200 600 1000 1800
55100 300 900 1500 2700
55200 400 1200 2000 3600
55250 100 300 500 900
Totals 1100 3300 5500 9900
Acct unit Account Posting option
Post From 101 55000 C
Post To 101 55000 L
Override

501

502

If you select Consolidate for the Post From and Level for the Post To, then the result would be a journal entry that contains one accounting unit and one account for the Post From side, and one or more accounting units (levels) and one account for the Post To side.

Company Acct unit Account Amount
Post From 4321 101 55000 100.00-
Post To 4321 501 55000 50.00
Post To 4321 502 55000 50.00