Re: Future Dated AP Vouchers

Robert Robinson

Reputable Poster
Re: Future Dated AP Vouchers

Why do they stop keying vouchers? From an audit standpoint, doing this
leaves you with a large unrecorded liability at year end (though auditors
are probably used to it - 1994?!?!?!?). This process does defeat the
purpose of the JDE system; that is, getting the invoices in the system on a
timely basis and using the system to compute the year end liability.

That being said, if the system allows posting into future years (refer to
G/L cutoff in the General Accounting I guide), you could do it. Note that
you would be tweaking the G/L date; the batch date is part of the batch
header which is part of the transaction, and can not be altered.

Robert Robinson, CPA/CNE
Senior Business Systems Analyst
Durr, Inc.
734.459.6800
fax # 734.459.5837
e-mail address: [email protected]




Janelle Green
<[email protected] To: "'[email protected]'" <[email protected]>
group.com> cc:
Sent by: Subject: Future Dated AP Vouchers
[email protected]
elist.com


11/01/2000 10:51 AM
Please respond to
jdeworld





At the risk of sounding like an idiot, I'm asking this question .......

Is there any problem(s) with entering vouchers with a date (GL and/or
batch)
into a future fiscal year?

The folks here typically stop keying vouchers 2 weeks before the end of the
fiscal year. This creates a major backlog that must be caught up each
January. This seems like a pretty dumb way to do business but nobody seems
to know why this is done ... but its been done that way since 1994.

Janelle Green
Senior System Analyst
Gale Group
248/699-4253, x-1656
...... j.

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