1. Click General ledger> Setup> Journals> Journal namesto open the Journal nameform and create the journal name for the deferral journal.

  2. Press CTRL+N to create a new line, and enter the required details.

  3. In the Namefield, enter the name of the journal.

  4. In the Descriptionfield, enter a short description of the journal.

  5. In the Journal typefield, select Deferrals.

  6. In the Voucher seriesfield, select the number sequence that is used for voucher numbering.

  7. Press CTRL+S or close the form.

    Note Note

    For more information, see "Journal names setup (form)" in the Applications and Business Processes Help.

  8. Click General ledger> Journals> Deferrals journalsto open the Journalform.

  9. Press CTRL+N to create a new line, and enter the required details.

  10. In the Namefield, select the deferrals journal name.

    Note Note

    For more information, see "Journal header (form)" in the Applications and Business Processes Help.

  11. Click Linesto open the Journal voucherform.

  12. Click Group operations> Disposalto open the Disposalform.

  13. In the Disposal datefield, select the disposal date of the transaction.

  14. Select the Retirement on life timecheck box to generate the disposal based on the specified disposal date specified in the deferrals card.

  15. Click Selectto open the Inquiryform, and set up the filter criteria.

  16. Click OKto return to the Journal voucherform.

    Note Note

    The disposal voucher details are displayed for the selected deferrals on the specified date.

  17. To dispose of one deferral voucher, press CTRL+N in the Journal voucherform to open the Create new lineform.

  18. In the Transaction datefield, select the disposal date of the transaction.

  19. In the Transactions typefield, select Disposal.

  20. In the Deferral IDfield, select the deferral code.

  21. In the Model numberfield, select the deferral models number.

    Note Note

    If the model code is not specified in the journal, then all models that were created for the given deferral will be selected.

  22. Click OKand return to the Journal voucherform.

  23. Click Functions> Edit lineto edit the journal before posting.

  24. Click Post> Postto post the reversal voucher.

  25. Press CTRL+S or close the form. The deferrals and ledger transactions specified in the posting profile are generated. To view the performed transactions, click General ledger> Common Forms> Deferrals> Deferral models> Writing off transactions.

    Note Note

    The status field displays Closedfor the deferral and the line is marked in gray in the Deferrals modelsform. You can post only the reversal voucher if it is the Writing offtransaction type and Closedstatus.

See Also