Defining General Ledger rules

Select how hours liabilities are posted to general ledger. If this field is left blank, no liability will be posted to general ledger for hours balances.

If neither hours nor earnings are posted to general ledger, the GL Rule is not required.

Select the type of GL entry that is created.

Reversing entries represent the entire balance amount and are automatically reversed out the next accounting period. Non-reversing entries post an amount representing the additional liability accumulated since the last posting.

Select whether to include or exclude adjustments for changes to the employee rate of pay when computing the liability.

If only a portion of the hours balances are to be posted as a liability, select the table that holds the calculation for adjusting the total liability.

A table is required even if 100 percent of the balance should be posted.

Select the distribution account for the accrual posting.

Select the expense accounts for the accrual posting.

Select whether to post to the Activity and Cost Accounting (AC) application.

Select the Activity to use for posting transactions to AC. This field may be left blank, and normal Activity defaulting will determine which activity to use when posting commitments to AC.

Select how earnings liabilities are posted to general ledger. If this field is left blank, no liability will be posted to general ledger for earnings balances.

If neither hours nor earnings should be posted to general ledger, the GL Rule is not required.

Select the type of GL entry that is created.

Reversing entries represent the entire balance amount, and are automatically reversed out the next accounting period. Non-reversing entries post an amount representing the additional liability accumulated since the last posting.

Select the table that holds the calculation for adjusting the total liability. A table is required even if 100 percent of balances are to be posted.

Select the distribution account for the accrual posting.

Select the expense account for the accrual posting.

Select whether posting will be done to the AC application.

Select the Activity to use for posting transactions to AC.

You can leave this field blank, and normal Activity defaulting will determine which activity to use when posting commitments to AC.