Expense amortization

In Accounts Payable this program is used to link  GL expense amortization provisional accounts for AP expenses. 

The amortization progress can be viewed via AP Inquires using the AP Trans by Document Inquiry. GL inquiry program GLI040 must be added to TMSGL/SUBLINQ to view the progress. 

The transactions and allocations post to the General Ledger after running AP End of Month.

  1. In the menu, expand Base Modules Accounts Payable > Maintenance > and double-click Expense Amortization AccountsGLE355 Expense Account  panel appears.
View the fields on these panels
 Field Description 
Seq In Expense Account Entry the sequence number is used to determine the order in which the general ledger account is to appear on the entry screen and reports. If a general ledger account is entered and a sequence number is not specified, it is automatically placed at the bottom of the list and given a system generated sequence number. If a sequence number has been specified, the system re-sequences the list of accounts once the <ENTER> key has been pressed.
Major The Major Account portion of the General Ledger account for AP expense amortization provisional must be entered,
Account The description of the Major Account.
  1. Enter the major accounts, as required.
  2. Click OK to save the expense accounts.