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RE-FX Periodic Posting - RERAPP

Hi,

For the RE-FX posting program RERAPP. If there are contracts with cash flow items with a due date for Feb, however only the current accounting period for January is open, how can the business run the program for the following month if they don't open the period?

Eg: both expense and revenue items with due date of 1st Feb. When running the RERAPP program the posting date of 1st Feb should be used so that these documents are posted into the correct period. However the business only have period January open.

What should I suggest?

Thanks,

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1 Answer

  • Jan 13, 2017 at 11:59 AM

    Hi Glen,


    do the open items belong to month January or to month February for the calculation period?

    If the calculation period is January then I think it should be correct to post with posting date in January.

    But if the calculation period is February then the item belongs to February posting period. You can then also post the item to January if February is not open yet but then it might be necessary to do an Accruals run to transfer the postings to the correct period.


    Best regards,


    Franz

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