General Ledger Rule (LP03.6)

Use General Ledger Rule (LP03.6) to determine

  • whether liability is posted for balances,
  • whether posting is reversing or non-reversing, and
  • whether only a portion of a balance is posted as a liability.

In addition, use LP03.6 to

  • define the accrual and expense accounts and
  • determine whether liability is posted to Activities Management.