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<< Click to Display Table of Contents >> Navigation: Utilities > Resummarize > G/L Posted Detail Fixes |
It is recommended that you do not use these utilities unless instructed by your Customer Success Team.
Resum Posted Detail - Utility to summarize the posted detail, creates new posted summary amounts and creates balance forwards between fiscal years.
Why would you need to use this utility?
•If in the middle of posting any entry and your computer/server crashes, disk crashes and the database isn’t able to back out the posting.
•If you’re financial reports show a different amount then a ledger listing for a specific account/Sub-Account.
Reset Open Item Flag - Utility to reset open item Accounts Payable flags. Does not change any paid dates.
Why would you need to use this utility?
•If you changed your check journal after you have already created entries to A/P. If you have not created entries then it is not needed to run.
1. Verify Beginning and Ending Balances: This procedure will verify beginning and ending account balances in the General Ledger Posted Summary file. If the ending balance from one year does not match the beginning balances of the next year, it will print an error. NO DATA WILL BE MODIFIED!
>This would indicate that the Resum Posted Detail needs to be run.
2. Verify Posting Batches: This utility will report errors in the posted detail and provide instructions for fixing header records and out of balance entries for Accounts Payable entries.
3. Correct Line No. on AP Entries: This utility will correct situations where an A/P entry does not have a header record but does have an entry to an A/P account.
4. Correct balances: This utility will correct single entry batches that are out of balance. Dual date and effective date corrections will be made at the same time.
5. Correct AP ID Numbers: This utility will change the AP ID number within the batch to balance the A/P entry if the entry is out of balance.
6. Correct Batch ID Out Of Balance: This utility is a last resort utility that will create a balancing entry for a batch ID, A/P ID number. An Account and/or Sub-Account must be specified for the difference to go into.
This utility will verify and fix the dual date account and make necessary corrections. Batch entries will be separated by fiscal year, period, and journal. The system will keep you informed of the status while it is running a status update. A backup should be made prior to running this utility. In addition, this utility should only be run ONE time.
Calc 2nd Currency - This utility will calculate the second currency and is designed for those companies that have an existing set of books in Pak Accounting and are implementing the Foreign Currency optional module. After the currency computation is complete, Pak Accounting will resummarize all account balances for all years from the posted detail.
•If 2nd Currency Amount Equals Zero - The utility will calculate the second currency amounts and set in the GL posted detail based on current currency settings and the Currency Translation Master.
•If the original set of books are in the Primary Currency ("Original set of books are in Primary Currency" is checked) - Pak Accounting will compute the second currency amount.
•If the "Original set of books are in Primary Currency" is not checked - Pak Accounting will move the current amount into the 2nd currency amount and then compute the primary currency.
Fix AR/Prepaid Paid Dates - This is a utility used to process each A/R account and each Prepayment account and ensure they are in balance by Paid Date.
Also See Out of Balance General Ledger.