How the date options selected in Accountant's Assistant affect the posting of transactions in CBS

Show expandable text

Warning

Product support for the Creative Solutions Accounting platform ended on September 30, 2020.

Help & How-To Center content for the Creative Solutions Accounting platform may be outdated and is used at your own risk.

CBS posts transactions based on the Post Date for Transactions option selection on the Financial Statements tab of the Setup > Miscellaneous Information dialog. The default selection is Use Current Export Period.

Use Transaction Date option

  • CBS will post unexported, dated transactions based on the transaction date.
  • CBS will post unexported, undated transactions (unprinted checks) based on the current export period date - if you specify a GL account number for the unprinted checks on the CheckWriter tab of the Setup > Miscellaneous Information dialog. If you do not specify a GL account, CBS will not post unprinted checks.
  • CBS will post already-exported transactions based on the transaction date - if their export date is after the CSA GL period date. CBS will not post transactions with an export date prior to the CSA GL period date.

EXAMPLE

Assumptions: The CSA GL period transferred to CBS is 10/31/04. The client has already exported November data, and the CBS current export period date is 12/31/04.

Results

  • CBS will post exported transactions dated on or after 11/01/04 up to and including the current export date.
  • CBS will post transactions exported in the November period into the appropriate period based on their transaction dates. (Note that if you chose the Current Export Period option in Accountant's Assistant, CBS will post these transactions as November activity.)
  • CBS posts transactions with a prior-period date only for the current fiscal year. CBS will post any transaction dated in a prior fiscal year as a current transaction.
  • CBS will not post transactions exported on or before 10/31/04.
  • CBS will not post transactions dated on or after 01/01/05. (CBS considers these to be future transactions.)

Top of page

Use Current Export Period option (default selection)

  • CBS will post unexported, dated transactions based on the current export period date, regardless of the transaction date. CBS will not post future-dated transactions in the current export period.
  • CBS will post unexported, undated transactions (unprinted checks) based on the current export period date - if you specify a GL account number for the unprinted checks on the CheckWriter tab of the Setup > Miscellaneous Information dialog. If you do not specify a GL account, CBS will not post unprinted checks.
  • CBS will post exported transactions that are dated after the CSA GL period date based on the export period in which they were entered.

EXAMPLE

Assumptions: The CSA GL period transferred to CBS is 10/31/04. The client has already exported November data, and the CBS current export period date is 12/31/04.

Results

  • CBS will post transactions that were exported as of 11/30/04 and will include them in the GL account balances for November regardless of the transaction date.
  • CBS will not post transactions that were exported on or before 10/31/04.
  • CBS will not post transactions dated on or after 01/01/05. (CBS considers these to be future transactions.)

Top of page

Related topics

How balances transfer from CSA to CBS

Setup > Miscellaneous Information > Financial Statements tab

Was this article helpful?

Thank you for the feedback!