Ledger Journal Posting (ML190)

Run Ledger Journal Posting (ML190) to post Multi-Book Ledger journal entries. The program posts released journal entries created in the Multi-Book Ledger application or interfaced from a non-Lawson application.

Note: A journal entry must be released before it can be posted. The program does not post journal entries that have a journal hold code assigned.

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.
Changes journal entry transaction lines to Historical status.
Updates the Undistributed Retained Earnings account for Income Statement accounts.

More Information

If you select a company group, all the companies in the company group must be assigned to the ledger, with a ledger calendar defined for each.

You can limit the posting to a through posting date and to an operator.

You can post multiple journal entries at the same time as long as the Company, Fiscal Year, Period, System Code, or Operator is different for each job.

If you are posting intercompany journal entries, run Ledger Journal Posting (ML190) for both the originating ("from") company and the posting ("to") company.

The program gives you the following reporting options:

You can request the report to contain all journal entries, or only updated journal entries.
You can include or exclude comments and attribute values from the report.
You can generate the report in base currency, report currency one, report currency two, or all three currencies.
You can select one of four report styles:
- Standard is the style use for base currency reports.
- Separate produces a separate report for each currency.
- Inline shows all the currency calculations in the same report
- Both is a combination of Separate and Inline, where both an inline report and up to three separate reports are generated.

You cannot run this program and Ledger Period Closing (ML199) at the same time.

To inquire on posted journal entries, use in Ledger Transaction Analysis (ML90.1) and Ledger Account Analysis (ML95.1).