Difference between revisions of "How do I set up repetitive journals?"
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== Summary == | == Summary == | ||
| − | Repetitive or | + | Repetitive or frequent transactions can be set up in the Nominal Ledger which are posted automatically for you. These transactions need to be of a fixed value. |
== More Information == | == More Information == | ||
| − | Go to "Nominal Ledger" -> "Maintenance Options" -> "Regular Postings" | + | Go to "Nominal Ledger" -> "Maintenance Options" -> "Regular Postings" |
*Create a code for the posting. | *Create a code for the posting. | ||
| − | *Create a description for the posting. | + | *Create a description for the posting. |
| − | *Set the Last | + | *On the "Dates" page, choose how often you want the transactions to be posted. If you select "Months", you will be required to also choose a "day of the month" that the transactions will be posted. |
| − | * | + | *Set the "Last posted" date. This defaults to the system date but should be set differently depending on whether you chose "Days" or "Months" in "Post every". |
| − | * | + | **If you chose "Days" you should set the "Last posted" date to the same number of days before the date you want to start posting as how often you want the transactions to post, i.e. if you want to start posting on 15th January and continue posting every 7 days, then enter 8th January here. |
| + | **If you chose "Months" you should set the "Last posted" date to be last day of the Month before you want the posting to start, i.e. if you want the posting to start in January, enter 31st December. | ||
*Enter the Expiry Date of the posting if there is one. For example, if the posting is for an HP agreement, then it will expire at the end of the term, which might be three years or more. If it is a depreciation posting, then it may well expire every year if you are working on a reducing balance method. | *Enter the Expiry Date of the posting if there is one. For example, if the posting is for an HP agreement, then it will expire at the end of the term, which might be three years or more. If it is a depreciation posting, then it may well expire every year if you are working on a reducing balance method. | ||
{{Tip|text= | {{Tip|text= | ||
| − | This option can be used for ''HP postings'', ''Depreciation'', ''Accruals'', ''Prepayments'' and any other fixed value items | + | This option can be used for ''HP postings'', ''Depreciation'', ''Accruals'', ''Prepayments'' and any other fixed value items.}} |
| − | {{FAQ}}{{KB_Tags| journals, regular, memorised, repetitive, month, expiry, hp, hire purchase, accruals, depreciation, fixed value, | + | {{FAQ}}{{KB_Tags| journals, regular, memorised, repetitive, month, expiry, hp, hire purchase, accruals, depreciation, fixed value, Prepayments}}{{KB_NL}}{{ZN_Accounts}} |
Revision as of 12:16, 6 November 2009
Summary
Repetitive or frequent transactions can be set up in the Nominal Ledger which are posted automatically for you. These transactions need to be of a fixed value.
More Information
Go to "Nominal Ledger" -> "Maintenance Options" -> "Regular Postings"
- Create a code for the posting.
- Create a description for the posting.
- On the "Dates" page, choose how often you want the transactions to be posted. If you select "Months", you will be required to also choose a "day of the month" that the transactions will be posted.
- Set the "Last posted" date. This defaults to the system date but should be set differently depending on whether you chose "Days" or "Months" in "Post every".
- If you chose "Days" you should set the "Last posted" date to the same number of days before the date you want to start posting as how often you want the transactions to post, i.e. if you want to start posting on 15th January and continue posting every 7 days, then enter 8th January here.
- If you chose "Months" you should set the "Last posted" date to be last day of the Month before you want the posting to start, i.e. if you want the posting to start in January, enter 31st December.
- Enter the Expiry Date of the posting if there is one. For example, if the posting is for an HP agreement, then it will expire at the end of the term, which might be three years or more. If it is a depreciation posting, then it may well expire every year if you are working on a reducing balance method.
 | This option can be used for HP postings, Depreciation, Accruals, Prepayments and any other fixed value items. |
