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The Difference Between Bill and GL Posting
The Difference Between Bill and GL Posting
Description of Issue
Need to know what the difference between bill and GL (general ledger) posting is.
Context
- Accounts Receivable
- Property Tax Billing
- General Billing
- Bill Detail Adjustments (txbldtmt)
- Abatement Entry (txabtent)
Cause
A better understanding of the impact of bill and GL (general ledger) posting is needed.
Resolution
- Bill Posting causes an adjustment or abatement to impact a bill. After Bill Posting, the impacted bill will show the adjustment or abatement in programs like Bill Inquiry or Payment Entry on the Installments tab. If a bill has a non-bill posted adjustment or abatement outstanding, a warning will be displayed about the unposted activity when viewing the bill in Bill Inquiry or Payment Entry. Any adjustment or abatement associated with a bill can always be viewed on the bill's history tab in Bill Inquiry. Accounts Receivable reports, like the Detail Receivables by Date Report, will take into account bill posted adjustments or abatements, but do not reflect non-bill posted adjustments or abatements.
- GL Posting causes an adjustment or abatement to make the appropriate general ledger journal entry. Until an adjustment or abatement is GL posted, the general ledger will not reflect the amount of the adjustment or abatement. If a user has the right permissions, GL Posting will also Bill Post the adjustments or abatements.
Additional Information
- To view or adjust a specific user's permission to bill post or GL post tax adjustments and abatements, please see: Permissions to Post Tax Adjustments and Abatements
- If additional assistance is required, please contact the appropriate support team based on the category of the activity being bill or GL posted.
- A bill posted record will have a Life Cycle Step of 30 - Approved.
- A GL posted record will have a Life Cycle Step of 40 - Completed.
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