Option 14Process Initial Setup

This job processes opening balances in the General Ledger Initial setup phase. The following processing steps accomplish this job.

1. Step 1This disposition type is used for all standard processing functions within General Ledger.
2. Step 2This step processes the information for Account Balances. The entire contents of the YTD Postings file will be deleted. The YTD Postings file will be created. Under certain conditions, records in the Account Balances and YTD Postings files will be added. Updates to certain fields in the Parameters and Account Balances files will occur. In some instances, records in the Account Balances file will be deleted.
3. Step 3This step processes the information for Unit Balances. Under certain conditions, records in the Unit Balances file will be added. Updates to certain fields in the Unit Balances file will occur. In some instances, records in the Unit Balances file will be deleted.
4. Step 4This step processes the information for Foreign Balances. Under certain conditions, records in the Foreign Balances file will be added. Updates to certain fields in the Foreign Balances file will occur. In some instances, records in the Foreign Balances file will be deleted.
5. Step 5In preparation for performing a sort/selection process on the Account Balances information, this step provides sequencing of data records by Fiscal Year and Account Component, with no option to change the sequence at run time.
6. Step 6According to previously specified criteria, this step actually performs the desired selection and/or sorting process.
7. Step 7This step processes the information for Account Balances. Updates to certain fields in he Account Balances file will occur. Generalized routines are performed to separate the account number in General Ledger and assemble the account number in General Ledger.
8. Step 8This step processes the information for Summary Accounts and Summary Account Detail. Updates to certain fields in the Account Balances and Summary Accounts files will occur.
9. Step 9This step processes the information for Exchange Rates. Updates to certain fields in the Exchange Rates file will occur.
10. Step 10This function displays an error message if errors were encountered during Process Initial Setup.