BOD: Post Journal Entry
The purpose of the PostJournal is to transmit data necessary to create a journal entry from any sub ledger business application to a general ledger application.
Many applications in the enterprise environment create data that cause changes in the account balances of a general ledger application. Some components that have activity which will be reflected in a general ledger application are:
- Benefits
- Costing
- Human Resources
- Inventory Control
- Manufacturing
- Payroll
- Production
- Treasury
By no means is this a complete list of all the components that create activity which generate a journal entry.
Many tasks that occur within the enterprise applications cause the creation of a General Ledger journal entry.
Tasks relate directly to the Component. For example, the adjustment of inventory value is a task that occurs within
the Inventory Control Component. Some of the tasks that would be catalysts for changes in a general ledger include:
- Receiving Inventory
- Issuing Inventory
- Transferring Inventory
- Adjusting Inventory Value
- Adjusting Inventory Count
- Calculating Material Variances
- Calculating Labor Variances
- Calculating Overhead Variances
Child Components
Release Identifier 1..1
Version Identifier 0..1
System Environment Code 0..1
Language Code 0..1
Application Area 1..1
Data Area 1..1
Post 1..1
Journal Entry 1..∞
Scenarios in which Post Journal Entry is used
- Manufacturing to Order Management Financials with Manufacturing for Engineer to Order and Configure to Order
- Purchasing to Accounts Payable to General Ledger
- Order Management with Billing to Accounts Receivable
- Purchasing to Accounts Payable to General Ledger Posting from Purchasing
- Order Management to Accounts Receivable and General Ledger
- Customer Service Integration, Field Service, No Returns
- Human Resources to Manufacturing
- Invoice Matching, Matching in Accounts Payable
- Invoice Matching, Matching in Purchasing, Invoices Entered in Purchasing
- Sub Ledgers to General Ledger - GL Actuals
- Supply Chain Integration
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