WIP Posting automatically creates a journal entry. The entry is comes in as a temporary status.
Is it possible to have the journal entries go to the final status on its on. Or setup something that will do it?
WIP Posting automatically creates a journal entry. The entry is comes in as a temporary status.
Is it possible to have the journal entries go to the final status on its on. Or setup something that will do it?
Hello,
You can open the WIP automatic journal and update the formula for "Status" to be set to "2".
1. Open Setup. Financials, Accounting interface, Automatic Journals
2. Select Entry code WIP
3. In the Formulas section, enter Formula of 2 for Status.
4. Click Save and Close page
I suggest making sure you have saved the previous formula that is set in there in case you need to restore it (Example below):
(func AFNC.PARAM("FRADGI",[F:MWI]MFGFCY)="2")*2 + (func AFNC.PARAM("FRADGI",[F:MWI]MFGFCY)<>"2")
I also recommend you test this in your PILOT folder prior to updating your Production folder with this change.
Thanks,
Rafael
Thank you for the detailed explanation
In my system, the formula already says "2"
But the entries still sit as "Temp"
Hello,
You will need to remove everything that exists in that formula and only enter the number 2.
Also, this will set them to FINAL moving forward and not change existing entries in Temp. You can validate/finalize those manually.
Thanks, it works perfectly.
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