Posting to Future Accounting Periods Home | FAQs & Troubleshooting

 

The Sales Order module allows you to post sales order transactions to a future accounting period. Unlike the General Ledger module, the future posting capability for Sales Order is limited to the next accounting period following the current period specified in Sales Order Options.

As invoices are updated to Sales Order files, the Sales Order accounting date is compared against the current Sales Order period defined in Sales Order Options. The Sales Order period is used to update the sales and cost of good sold information to the Sales Order Miscellaneous Charge Code file, Monthly Sales Recap files, and the Customer Sales History by Product Line file.

The current Accounts Receivable period defined in Accounts Receivable Options is checked for posting invoice transactions to the Accounts Receivable files. The transaction amounts posted to the future period are not displayed in the customer sales history for the Period to Date and Year to Date fields. Instead, the Future option must be used to display a window containing the future period activity and the year-to-date amounts that reflect future postings. The Accounts Receivable period is also used for posting sales information to the Salesperson master file.

The current Inventory Management period defined using Inventory Management Options is checked for posting invoice transactions to the Inventory master file and Inventory Sales History file.