Automatic Transaction
Automatic Transaction holds, for one company, accounts that the ledger uses by itself, against a post key. The two that matter are the inter-unit accounts: G70 (inter-unit debit) and G71 (inter-unit credit).
What it is for
When Ledger Setup has a Balancing Financial Dimension (for example the business area or the site), every voucher must balance per value of that dimension. General Entry adds the balancing lines on the G70 and G71 accounts set here. Without both, such a voucher is refused.
Every field in plain words
| Field | What it means | What to put |
|---|---|---|
| Legal Entity | The company | One record per company |
| Post Key, Name, DCInd | The kind of automatic line | G70 and G71 for inter-unit |
| Account, Name | The account used | An inter-unit (due to / due from) account |
| Line Text | Text for the line | Optional |
Saving a change to the G70 or G71 line also refreshes the inter-unit ranges on Ledger Setup.
If something looks wrong
- "Inter Unit Accounting is not configured Postkey: G70 - Interunit - Debit" (or G71) Add the line here.
- "Inter Unit Accounting is configured, Cannot use this account" You typed an inter-unit account on a voucher. The ledger posts to it by itself.