Bank Reconciliation > Recurring Bank Transactions > Recurring Disbursements > Set Up Recurring Disbursement Template

The GL Distribution Page allows you to define the GL Account IDs to which you want to post the bank disbursement transaction whenever the recurring disbursement template is generated.

Perform the following steps, if applicable:

1.In the Bank-Account ID field, review the read-only information about the GL Account ID, GL Account ID description, and amount to be credited for this transaction. The GL Account setting for the bank is configured in the bank account maintenance record.

2.In the grid section of this page, accept or amend the default values in the following columns:

oGL Distribution Account

Accept or amend the default GL Account IDs to be credited for this transaction. The default GL Account ID comes from the transaction code record. To change the GL Distribution Account ID, click the appropriate field under the column; then, enter the desired GL account ID. Alternatively, you may click the List box button to display all available GL account IDs; then, select your choice from the list.

oAccount Description

Review the GL Account ID description. The default value comes from the GL Account ID's description in the General Ledger Chart of Accounts.

oAmount

Accept or amend the default amount to be posted in the specified GL Account ID. The default amount is system-calculated based on the disbursement amount entered in the Information Page's Disbursement Amount field and the respective GL Account ID's distribution percentage specified in the transaction code maintenance record. The total distribution amount must be equal to the Bank-Account ID's amount field; otherwise, this transaction will not be saved.

oLine Description

Accept or amend the default description for the GL Distribution Account line entry. The default value comes from the Information Page's Description field.

3.To add a GL Account ID in the grid, click the Append row to end button or the Insert row before current button. If you want to delete a GL Account ID from the grid, highlight that ID; then, click the Delete selected rows button. A pop-up window appears when the Delete selected rows button is clicked. Select Yes to confirm; otherwise, select No to cancel.

GL Distribution Page

GL Distribution Page

See Also