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Contribution Payments GL Trial Posting

The GL Trial step is used to ensure that any financial transactions in the system can be “tried” or “simulated” first before they have a final financial impact.

The Contribution Payment GL Trial process enables the user to view the GL Entries which will result from posting the Contribution Payments and Generating GL Journal Entries.  This way the user will be able to verify the Accounts Used, the Debit or Credit entry itself and the Amounts which will be debited or credited.

If during this review process anything is uncovered that is not correct, the user can go back and investigate the underlying data and setup which resulted in these GL Entries.

Overview
Figure 1: GL Trial Posting screen
Figure 2: GL Trial Posting Filter
First the user will need to select the transactions (Contribution Payments) for which they intend to generate GL Entries as this does not need to be done for all at once.  An easy way to do so is to use the Filter options to filter for the correct Contribution Payments being processed.
Figure 3: GL Trial Journal Entries
Once the GL Trial Journal Entries have been generated by the system, the user can verify that they balance, and check the correct accounts and amounts included.

GL Trial Step enables the user to verify the financial impact of a process is proper and all Accounts and values are accurate before it has been finally committed

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