Posting the Payable Reclass

After setting up the Payable Reclass, the system posts the provision in the Filing Group. Review the provision amounts originally posted at the child level for accuracy. Then, select
My Datasets
>
Calculate
>
Recalc Payable Reclasses
.
Recalc Payable Reclasses
The reclass uses similar (but different) transaction types to move amounts between entities:
Provision
Reclass
CPROV
CPROV-REC
RTP
RTP-REC
ATR
ATR-REC
OTHER
OTHER-REC
The system transfers the provision posting from the child to the parent, keeping the year level and character from the original posting. Also,
  • The system removes all payable transactions, CPROV-REC, ATR-REC, RTP-REC, and OTHER-REC tagged with a C.
  • The system looks for the units that have the PAYRECUNIT unit and/or state level parameters configured and creates new payable transactions that cancel out the CPROV, ATR, RTP and OTHER payable transactions posted by the Payable Auto-posting. (These are type CPROV-REC, ATR-REC, RTP-REC, and OTHER-REC tagged with a C.)
  • The system creates additional payable transactions in the target units. (These are type CPROV-REC, ATR-REC, RTP-REC, and OTHER-REC tagged with a C).