SLS - Post Period Activity
This program creates General Ledger journal batches for all processing in this shop since this program was last run and passes these journal batches to the G.L.
It would normally be an 'end of month' procedure to run this program, however, it may be run more often if required.
The journals that are produced for this shop are determined by program Finance > School Shop > Setup Information > School Shop Setup on the 'GL Integration' tab. They are also determined by the accounts nominated in program Finance > School Shop > Setup Information > School Shop Setup on the 'Stock Groups' tab.
The following journals may be created by this program (depending on this shop's setup):
Cash Receipts Journal
Separate journal numbers per Bank Deposit Number for Cash Sales and Student Receipts.
DR Cash at Bank
CR Debtors Control
Sales Journal (invoices)
Separate journal numbers for Cash Sales and Student Sales.
DR Debtors Control
CR Income Accounts
CR (GST if applicable)
Sales Journal (credits)
Separate journal numbers for Cash Credits and Student Credits.
DR Income Accounts
DR (GST if applicable)
CR Debtors Control
Cost of Sales Journal (invoices)
Separate journal numbers for Cash Sales and Student Sales.
DR Cost of Sales Account
CR Stock
Cost of Sales Journal (credits)
Separate journal numbers for Cash Credits and Student Credits.
DR Stock
CR Cost of Sales Account
The periods that require posting will be displayed on the screen.
Important!
If the following message is displayed 'Error – unbanked transactions found' when the program is first loaded it means that a 'Final' bank deposit has to be run for that period. Click on the active link and the program will link to the bank deposit program.
Click on the 'Post' link next to the period to initiate the post.
A posting report will be created detailing the general ledger accounts affected by this posting.