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Journals Definitions

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Intracompany balancing line added by Posting

Every time a journal entry is created using more than one CNAC, when the journal entry is posted the system will automatically create a journal entry line for each CNAC used in the journal. These new lines will be in account combination CNAC-0000-1-000000-1110-0000-0000 and the amount will be the offset to the total amount in the journal for each CNAC. These journal lines are used by the system to balance the cash between CNACs, behind-the-scenes. These lines should have no effect on any departmental activity or reports. Please note that if a journal entry control total is entered matching the debit/credit balances, that when the journal entry is posted that the system will automatically update the control total to include the new debit/credit balances from the Intracompany balancing line added by Posting amounts.

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Fast Facts


FastFacts are useful tips about BEN Financials. To see a complete FastFact, click MORE. To view all of the FastFacts click on 'FastFacts' from the left navigation column.
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