New features introduce in Sage 300 from v2014

By | July 21, 2018
0 Comment

A General Ledger batch is a group of journal entries, each of which contains at least two transaction details, one for the debit amount and one for the credit amount.
Journal entries do not affect G/L account balances until you post the batches.
While entering General Ledger, you can also:

  • Create new batches.
  • Add journal entries to existing batches.
  • Change and delete journal entries.
  • View and reverse posted entries.
  • Add intercompany transactions if this is an ICT (Intercompany Transactions) database.

If you can see on General Ledger screen there are various fields to enter details like Entry number, Date, Entry Number, Batch, Description, Year/Period etc

Today in this blog we will discuss about posting date for the journal entry which is not present on Sage Version 6.0 and lower version but with the higher version and upgradation, some features has been added on the General Ledger screen.

Refer below the screen with new features Posting Date
Journal EntrySpecify the posting date for the journal entry. The complete journal entry can have a single date associated with it, or you can enter a different date on each detail line.

The posting date does not determine the period to which the details will be posted. It is for information only. (The period is set by the Year/Period field.)

When you specify a posting date, the corresponding year/period is entered automatically in the Year/Period field. However, changing the year/period does not change the posting date.

The date assigned to details consolidated during posting is the last date of the fiscal period to which they were posted.

About Us
Greytrix a globally recognized Premier Sage Gold Development Partner is a one stop solution provider for Sage ERP and Sage CRM needs. Being recognized and rewarded for multi-man years of experience, we bring complete end-to-end assistance for your technical consultations, product customizations, data migration, system integrations, third party add-on development and implementation expertise.

Greytrix offers unique GUMU™ integrated solutions of Sage 300 with Sage CRM, Salesforce.com and Magento eCommerce along with Sage 300 Migration from Sage 50 US, Sage 50 CA, Sage PRO, QuickBooks, Sage Business Vision and Sage Business Works. We also offer best-in-class Sage 300 customization and development services and integration service for applications such as POS | WMS | Payroll | Shipping System | Business Intelligence | eCommerce for Sage 300 ERP and in Sage 300c development services we offer services such as upgrades of older codes and screens to new web screens, newer integrations using sdata and web services  to Sage business partners, end users and Sage PSG worldwide. Greytrix offers over 20+ Sage 300 productivity enhancing utilities that we can help you with such as GreyMatrix, Document Attachment, Document Numbering, Auto-Bank Reconciliation, Purchase Approval System, Three way PO matching, Bill of Lading and VAT for Middle East.

For more details on Sage 300 and 300c Services, please contact us at accpac@greytrix.com. We will be glad to assist you.