Value

Enter a meaningful description of the batch. This description prints on the General Ledger Transaction Audit Report.

Select the type of General Ledger transaction batch. Options are:

• Normal – the majority of your batches are Normal type batches
• Accrual – use Accrual type batches to have the General Ledger automatically prepare a reversal batch in the following month. These are special types of journals, usually used at year end to accrue certain expenses in the current financial year.

Select the GL transaction batch type. Options are:

• Payment – the default batch type
• Journal
• Receipt.

If you want Micronet to check a control total for the batch, enter the control amount. Micronet compares this control total to the transactions entered and warns if the batch is being processed with an apparent out-of-balance total.

This field is only enabled if the Use Control Totals field on the General Configuration screen is set to Yes – see "Edit - General Ledger Config - General Ledger Setup".

Select the General Ledger period (month) for the batch to be posted to.

This defaults to the current period as set on the General Configuration screen in company configuration – see "Edit - Program - General".

Micronet allows full post and pre-period journalising. Care should be taken when using this feature since your balances in accounts are affected.

Micronet displays the total value of debit transactions posted.