Reclassifications that are to be posted must first be exported to databases. You create these exports by using the Run Open Item List Key Date app.
Reclassifications for customers with credit balances and vendors with debit balances will be exported to a database table by using the Post Reclassification app to create the automatic adjustment postings for this business scenario.
According to some accounting principles, you are required to display receivables separately if they have a due date more than one year in the future. Using the Post Reclassifications by Due Date app, you can create and post the adjustments for open items that are necessary for the closing operations. The Post Reclassifications by Due Date app generates a posting proposal based on a data export (open item list for key date) that you can then post.
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