Posting and extra setting

• Approved Only - only documents of the Approved status are listed for posting
• All - it lists all documents for posting regardless of the status

If you select only approved documents to be posted, then it will only be possible to create payment orders, by right-mouse clicking in the invoice received, for approved document only.

• Approved Only- only documents of the Approved status are listed for posting
• All- it lists all documents for posting regardless of the status 

• Approved Only- zonly documents of the Approved status are listed for posting - it is wise to select this option ONLY ON RARE OCCASIONS
• All- it lists all documents for posting regardless of the statu, which is the RECOMMENDED and correct setting. According to the fact that the book value of stock must comply to the amount of current stock by default ALL documents are posted. You can change the setting to Approved Only only under extraordinary circumstances (e.g. when transferring data from external sources and if a need should arise to obtain data prir to the actual posting).

• Approved Only - only documents of the Approved status are listed for posting
• All - it lists all documents for posting regardless of the status

• Approved Only- only documents of the Approved status are listed for posting
• All- it lists all documents for posting regardless of the status 

• Approved Only - only documents of the Approved status are listed for posting
• All - it lists all documents for posting regardless of the status

• R – VAT Date (VAT date that can be found in invoice issued)
• D – Packing Slip Date (the date on which goods are issued)
• I - Invoice Date (invoice date that can be found in invoice issued)
• 1 – Date of Linked Document 1
• 2 – Date of Linked Document 2.

• R - VAT Date
• I – Invoice Reception Date
• D – Packing Slip Date (the date on which goods are issued)
• 1 – Date of Linked Document 1 (it is typically a date from supplier invoice)
• 2 – Date of Linked Document 2

Select the method used in managing data on departments and cost centers, that means, in a separate way for lines in receiving and issue. 

Revenues (in issue) and expenses (in receiving) together with the related taxes are posted by departments and cost centers if entered in document lines. You can take into account contra-entries (receivables in issue or payables in receiving) using this parameter.

Thus you can select between three options in both issue and receiving:

• Posting with no Department and Cost Center Defined - posting of payables or receivables will be made in total value without cost center and/or department, if there is no installments for payment. This is when document include only one  cost center. When there is more than one cost center, entry will be split to them. In case, that the  cost center on document doubled, both cost center will be joined in one posting. This is also default settings in Pantheon.
• Distribute by Departments (from document lines) - The posted receivable or payable is the sum of corresponding contra-entries, summed up by departments from journal entry lines.
• Distribute by Cost Centers (from document lines) - The posted receivables or payables is the summa of corresponding contra-entries, summed up by cost centers from journal entry lines.
• Distribute by Departments and Cost Centers (from document lines) - The posted receivables or payable is the summa of corresponding contra-entries, summed up by departments and cost centers from journal entry lines.
• Posting with no Department and Cost Center Specified (VAT consolidated) - posting of payables or receivables will be made in total value without cost center and/or department, if there is no installments for payment. This is when document include only one  cost center. When there is more than one cost center, entry will be split to them. In case, that the  cost center on document doubled, both cost center will be joined in one posting.  In that case also VAT entries will be joined in one entry, if we have more than one VAT types.
• Split by Departments (VAT consolidated) - The posted receivable or payable is the sum of corresponding contra-entries, summed up by departments from journal entry lines. In that case also VAT will be posted in joined and not by departments even more than one department was used in document.
• Split by Cost Centers (VAT consolidated) - The posted receivables or payables is the summa of corresponding contra-entries, summed up by cost centers from journal entry lines. VAT will be posted joined in one position and not by cost centers.
• Split by Department and Cost Center (VAT consolidated) -The posted receivables or payable is the summa of corresponding contra-entries, summed up by departments and cost centers from journal entry lines. VAT will be posted joined in one position or for each VAT type separately.

Check it, when trying to post receivables and payables by departments and cost centers (see the parameters for issuing and receiving in this panel) and if you want to close lines posted in in this manner by departments adn cost centers.

The choice affects:

• bank reconciliation (additional use of the department  and cost center criteria - see Bank Reconciliation by Departments and Cost Centers)
• close outstanding items manually (a list of receivables/payables and payments was expanded with data on department and cost center - see Manual Closure by Departments and Cost Centers)
• close outstanding items by reposting (a list of receivables/payables and payments was expanded with data on department and cost center - see Close by Reposting - By Departments and Cost Centers)
• close prepayments (a list of receivables/payables and payments was expanded with data on department and cost center - see Close Prepayments by Departments and Cost Centers)
• posting rounding differences and cash discounts (see Rounding Differences by Departments and Cost Centers)

If unchecked, you do not attempt to post receivables and payables by departments and  cost centers.

There are two switches: SK and V.

SK - closing is checked by subject, account, value, link document, department and cost center.

V - closing skip subject field (at GL closing only).

Select the method used in posting fixed asset/small tools:

•  0 - Posting with no department and cost center specified; it is also the default setting.
• 1 - Department and cost center from fixed asset header
• 2 - Department and cost center from FA location panel
• 3 - Department from fixed asset header
• 4 - Department from location tab
• 5 - Cost center from fixed asset header
• 6 - Cost center from FA location panel
• 7 - Department and cost center from FA location panel according to individual locations

The selected method used in posting fixed assets affects the newly-created depreciation categories, which are by default filled with this data.

Available options:

• Posting with no department and cost center defined
• Split by departments (from lines)
• Split by cost centers (from lines)
• Split by departments and cost centers (from lines)

When the switch is on at Documents Due Today are Regarded as Overdue, invoices with todays' due date are shown as overdue documents.

Post Received / Issued / POS Invoices from Payment Methods

Select method used in posting:

• Post Issued Invoices to Receivables Acct. from Payment Methods
• Post Received Invoices to Payables Account from Payment Methods
• Post POS to  Receivables Account from Payment Method
• Post Using Settings in Payment Methods only for Installments

All checkboxes are not marked as default setting.

The selected method used in posting affects posting receivables and payables to accounts as set in Payment Methods register.

Post Using Settings in Payment Methods only for Installments: marked switch means that Pantheon will post  from payment methods only for installments.  Marked switch works only in combination with one or more other three options above (issued invoices, received invoices, POS).

Examples:

• When switch only for posting issued invoices is marked - Post Issued Invoices to Receivables Acct. from Payment Methods, Pantheon will post all issued invoices regarding payment methods, no meter if invoices include installments or not.
• When switch for posting issued invoices is marked - Post Issued Invoices to Receivables Acct. from Payment Methods and also switch Post Using Settings in Payment Methods only for Installments, Pantheon will post only issued invoices with installments from payment methods. The rest of issued invoices will be posted by using regular procedure.
• When only switch Post Using Settings in Payment Methods only for Installments is on, there will be no changes at posting. Mentioned setting works only in combination with one of others optins.

Switcher Post 0,01 Rounding Differences to Rounding Differences Account marked, will post  rounding differences up to 0,01 from received invoices on account for rounding differences.

Select whether you want to post POS invoices by subjects. When we have marked option Use Subject Settings for Posting Payables / Receivables, Pantheon will use customer account from subject register.

This setting allows posting of documents issued in FCY by the choice of:

• use invoice currency,
• use account settings.

This setting allows posting of documents received in FCY by the choice of:

• use invoice currency,
• use account settings.

This setting allows posting of documents customs issued in FCY by the choice of:

• use invoice currency,
• use account settings.

This setting allows posting of documents customs receiving in FCY by the choice of:

• use invoice currency,
• use account settings.

This setting allows posting of documents customs transit in FCY by the choice of:

• use invoice currency,
• use account settings.

This setting allows posting of materials consumption in FCY by the choice of:

• use invoice currency,
• use account settings,
• in local currency (default).

This setting allows posting of receivables and payables according to the selected switch:

• Use Subject Settings for Posting Payables / Receivables,
• Post Payables / Receivables of Affiliates.
• Post on rebate accounts entered in subjects. For this functionality check box on Doc types must also be entered:

Account for rebate is taken Either from Subjects (Financial data/Rebate account):

Or from document types for Issued documents:

Automatic posting of issued invoices, received invoices and POS documents enables collecting candidates with changed data.

When document status Changed is marked at finding candidates on automatic posting, we will get the list of documents already posted with changed date on goods module. Pantheon will repeat posting of this documents,  similar as at status Posted documents. This will be done on existing journal.

• Post on costs / revenues account based on financial detailes from subjects detailes. Program post od    accoutn for revenue and account for cost or not, depends on the setting, If True than YES, if false than no.