Releasing AP and AR is the first step in transferring Accounts Payables and Accounts Receivable account activity to the General Ledger. Releasing summarizes account activity into a summary file that is used to update General Ledger at a later time.

 

Accessing

1. Go to the System ribbon menu.

 

2. Select Release to GL in the System File section of the ribbon.

 

 

In V4.0.43.1 these updates were performed:

•Revised the pro-rating of per-invoice charges so they will retain the pro-rated sales amount separately from the tax amount.

•Updated the Release to GL process to use the pro-rated sales amount when calculating the distribution of sales amounts.

•Corrected the calculation of the Accounts Receivable value at the per item level where the tax on pro-rated per-invoice charges was omitted.

•Corrected the calculation of Accounts Receivable and Sales where the Bottle Deposit amount was being ignored.