Set General Ledger Options

Field Name

Type / Max Length

Action / Description

YTD transaction history?

Optional
 

Select if you want to write current transactions to the history file when you run the GL Period-End Closing (GME) program or leave blank if you do not.

If you select this option, you can display and print year-to-date history with these programs: GL Trial Balance (GTB), GL Transaction Inquiry (GTI), GL Activity Inquiry (GTL), GL Transaction Listing (GYL), and Financial Reports Print (GP).

If you leave blank, the GLYTD file remains empty.

13th period adjustment only?

Optional
 

Select if you want to use the 13th period for adjustments only or leave blank if you either want the 13th period to be a standard period or to not use a 13th period.

You must select the ending date for the 13th period in the Accounting Period Maintenance (GDM) program.

If you have set 13 accounting periods and you select this option, journals posting will be to the next standard (non-adjustment) period. General Journal Entry (GIP), Closed Period Adjustments (GIC) and GL Auto Import (GII) are the only programs that can post to the adjustments period.

Field Name

Displays

Last period closed

The last period/year closed by the GL Period-End Closing (GME) program

Current period

The current accounting period according to the GL Period-End Closing (GME) program

Number of periods/year

12: Your company uses twelve accounting periods in a year.

13: Your company uses thirteen accounting periods in a year. The 13th period may be an adjustments only period.

Current accounting year

The current accounting year

To

Do This

Change an option

Click on the field and make required changes.

Exit without changing these options

Click Cancel.

Print these options

Click Print. See Print an Inquiry.

Accept these options and exit

Click OK.

To

Do This

Display a category of options

Highlight the line and click Select or double-click the line.

Exit the program

Click Exit.