BKRC - POST

Code Category: BKRC
Code Value: POST
Short Description: Used to describe this common code entry.
Medium Description: Used to describe this common code entry.
Long Description: Used to describe this common code entry.
Associated Numeric Values
1-5: Reserved for future use.
Associated Codes
1-5: "PY-GLT" in any Associated Codes field will cause the cancelled check process to look for the check number in the GL Transactions data base. This is only used by those clients that post their payroll checks at the fund level to a Warrants Payable (or similar account) and want the cancelled check process to credit cash and debit Warrants Payable. For this to function properly, the payroll posting strategy would have to be previously defined to credit Warrants Payable at the "T" level.
Associated Descriptions
1-5: If the Open Hold database is not used to derive the posting code for posting canceled checks to the General Ledger, then this common code can be used to derive posting codes. Enter the Check Stock ID in the first two positions of the field; in the next 10 positions of the field enter the Org. Key, followed by the Object code. Be sure to insert blank spaces after the Org. Key if the Org. Key used is less than the maximum character length (e.g., "AP110000    1000" has four blanks after the key).