General Ledger
The General Ledger (GL) contains numerous processes that ensure Financials runs correctly. For users processing document transactions, the most apparent of these processes are the generation of offsets and the posting of transactions to the balance tables. Other important General Ledger processes are less apparent to users. These processes ensure that transaction data are valid, that capitalization entries are created, and that indirect cost recovery and cost share transfers occur. Financials also offers related features such as sufficient funds checking and flexible offsets for institutions that want to utilize this functionality.
In order to work
efficiently in Financials screens, you need to understand the basics of the user
interface. For information and instructions on logging on and off, navigating,
understanding the components of screens, and performing basic operations in the
screens, see Overview.
General Ledger Batch Processes
General Ledger Correction Process