This report summarizes all GL postings for a selected period.
It is presented in a form of a trial balance, where summarized detail is listed by GL account with beginning balance, period debits, period credits, period net, ending balance and the respective year-to-date amounts.
Further, summarized GL postings can also be extracted specific to division, dimension, and project. The Postings Summary Report can be exported to CSV and printed to PDF.
Prerequisites
Once AP, AR and inventory transactions are processed, they must be reflected in general ledger as GL transactions to further produce financials statements and other related reports and reconciliations.
Other financial transactions outside of AP, AR and inventory flows are captured through journal entries and are also reflected in general ledger.
Postings summary report groups all GL transactions by GL Account and presents a full summary trial balance and partial trial balance when reporting segments are selected for the period.
Postings Summary Report
Navigate to General Ledger Section in Rootstock Site Map tab and select Postings Summary Report.
Company: Select applicable legal entity
Year: Select applicable fiscal year
Period: Select applicable reporting period
Select Source Data: Choose the source of the data to be used. Dropdown options include:
Include Zero Balance Accounts: All accounts with no beginning balance and no activity will be included in the Postings Summary Report.
Include Inactive Account: Postings Summary Report will include GL Accounts which were deactivated during the reporting period. In practice, inactive GL accounts should total to zero in the period they were deactivated.
Print Report: This option allows you to print Posting Summary Report. Summarized detail is listed by GL account with beginning balance, period debits, period credits, period net, ending balance and the respective year-to-date amounts.
Export Report: This option allows to you export Postings Summary Report to CSV format. Summarized detail is listed by GL account with beginning balance, period debits, period credits, period net, ending balance and the respective year-to-date amounts.
