General Ledger Distribution Options

Transactions can be distributed to the general ledger in detail or summary form.  The system default is to generate one general ledger transaction for each accounting transaction processed by the General Ledger Distribution Print Program .  However, all accounting transactions for a company/location can be summarized by account before distribution by setting the account summarization flag on Reference File category 336 for the company/location to Yes. 

A third option is to summarize only selected accounts for a company/location.  To exercise this option, enter an account number summarization record on Reference File category 303 for each account to be summarized and set the account summarization flag on Reference File category 336 for the company/location to No.  When distribution processing is performed, all accounts set up in category 303 are summarized and all other transactions are distributed in detail.