Configure summaries for accounting sequences

If you use accounting sequences, each transaction posted to the General Ledger needs to have its own individual accounting sequence number. To meet this requirement, go to the configuration page for each application that uses summaries, and set the summary frequency so that transactions are posted individually instead of as batches.

Depending on the application, you can make different changes to your configuration settings:

• For Accounts Payable, Accounts Receivable, Cash Management, and Expenses:

  In the Summary frequency section, set each transaction to One per transaction.

  For example, in Accounts Payable, set AP supplier invoices to One per AP supplier invoice, Adjustments to One per AP supplier invoice adjustment and so on.

  For Cash Management, there's only one field called Transaction summary posting, not a section.

  Furthermore, you can only set Cash Management and Expenses to post transactions in a daily summary. There's no per transaction posting option.

• For Order Entry, Purchasing, and Inventory Control:

  On the Documents configuration tab, set the Summary frequency to Each Document for each document type that needs an accounting sequence number.

Next step: Create the document numbering sequence