As a response to requests from our end-users regarding the Posting function in FMIS, FMIS Project Management Working Group (FMWG) has decided to adjust the Posting function from Manual Posting to scheduled Batch Processing for particular Modules and transactions.
- General Ledger (GL): Every Posting from Subsystem in FMIS will automatically be extracted from the Subsystem and Posted as a batch in GL.
- General Ledger (GL): Online Journal will be Posted automatically.
- Account Payable (AP): All ‘payment’ transactions which have been confirmed or approved in FMIS will be automatically Posted.
- Account Receivable (AR): All ‘revenue’ transactions which have been confirmed or approved in FMIS will be automatically Posted.
Automatic Posting function on these Modules and transactions are scheduled to be done three times per day.