Checks Transaction Type

Posting rules are used to define the handling of check data that is transferred to the general ledger.

Most businesses transfer check data to their general ledger. Depending on the bank account on which you are drawing, a CASH option can be available.

Caution

Without setting up posting rules specific to your organization, the system cannot post transactions properly. Setting up posting rules is required.

Refer to Posting Rules by Transaction Type for specific information about posting rules for the Checks Transaction type..

Note

When you add a Check posting rule, an Invoice posting rule is created automatically. Please ensure that your posting rules are set up properly to suit your organization.