The GL posting function evaluates the pending ledger entries to determine whether or not they affect account balances. For entries that satisfy both the following business rules, the GL account balance is updated:
• Balance type indicates actuals or budget checking and
• Balance type indicates encumbrance and object type does not indicate fund balance
GL account balances are updated according to the following rules.
GL account balance update business rules
Balance Type |
Debit Credit Code |
Offset Generation Code of Balance Type |
Action on Balance Amount |
Balance Amount Updated |
Budget (CB) |
Any |
Any |
+ (Add) |
Current budget balance amount |
Actual (AC) |
Default Debit/Credit Code for the Object Type |
Any |
+ (Add) |
Actuals balance amount |
Null/blank |
N |
+ (Add) | ||
Other |
- (Subtract) | |||
Other |
Any |
- (Subtract) | ||
Encumbrance |
Default Debit/Credit Code for the Object Type |
Any |
+ (Add) |
Encumbrance balance amount |
Null/blank |
N |
+ (Add) | ||
Other |
- (Subtract) | |||
Other |
Other |
- (Subtract) |
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