BKRC - POSTCD

Posting code parameters
Common code category BKRC defines posting code parameters. BKRCs are typically defined during system installation; caution is advised when altering these entries. These entries are as follows:
Code Category: BKRC
Code Value: POSTCD
Short Description: Enter "CHECK ID" to cause the check stock ID to be placed in the Posting Code field when the Open Hold transaction is processed. Any other short description will cause the posting code of the original transaction to be preserved. If short description is blank, the system uses the posting code from the AP record.
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: Any one of the codes can be set to "GL-TRN" which will activate the "Use GL Transactions for Payroll" feature. DO NOT use this feature unless your Payroll to General Ledger posting strategy causes postings to be posted in detail rather than summary. This feature basically 1) allows Payroll to post to multiple cash clearing accounts by GL Key and 3) allows check reconciliation of payroll checks to process using multiple cash clearing accounts.
Setting any one of the Associated Codes to "PY-GLT" will force payroll check cancellations to use the GL-Key from the original check posting rather than from the GL-Keys specified in the Associated Descriptions. It is assumed that the object code specified in the Associated Descriptions is the object code for cash. When PY-GLT is set, GL Transactions for the check with matching cash object codes are used to derive the GL Keys. More than one posting is possible if there is more than one posting to cash.
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 10 characters in length (e.g., "AP110000 1000")
If the Use GL Transactions for Payroll feature is active, one of the Descriptions (it doesn't matter which one) must be set up for payee. E.g., "PY [not used] 1000." Note the GL Key portion of the description is not used but there must be 10 characters between "PY" and the cash clearing object.