You can use this routine for distributing depreciation over the year, or for other periodic reservations for income and cost.
The system creates postings according to the schedule you set up for the standing order.
You can apply the standing orders in two ways:
- Automatically: The system updates the posting in the General Ledger when executing the period roll-over. The system selects only those standing orders that are relevant for the new accounting period.
- Manually: You manually update the postings in the General Ledger to the selected period. You can apply standing orders in all previous open periods.
Voucher date
A standing order can be scheduled for several or all accounting periods of the year. You can also set the voucher dates in each accounting period. The system will otherwise use the first date of the period as default.
Note: You can change or delete the setup of the standing order for the entries during the accounting year.
You can assign a special voucher number series for the standing orders by dedicating a voucher type for the routine. You can then use the voucher type for selecting the standing order postings when following up in the General Ledger.
Enquiries and printouts
- G/L transaction enquiry – displays all the updated postings in the General Ledger.
- G/L transaction details enquiry – displays detailed G/L postings from the G/L transaction log file, if your system uses the log file. This is defined in the G/L control file.
- Standing order list – displays the definition of all the standing orders that you have set up.
- G/L transaction list – displays all the updated postings in the General Ledger.