11/11/2009

Work, Open and History

I thought I’d just summarize the meaning of these statuses we would see in Receivables and Payables modules as I had recently encountered this question in newsgroup.

Work Status

In both Receivables and Payables modules, a document is assigned ‘work’ status when the said document is saved in a batch.

Open Status

In both Receivables and Payables modules, a document is assigned ‘open’ status when the said document is posted

History Status

In Receivables module, a document is moved to ‘history’  status when the said document is fully applied and then the Paid Transaction Removal (PTR) routine is processed.

In Payables module, a document is moved to ‘history’ status when the said document is fully applied.

History status would also be assigned when the said document is voided as well in both receivables and payables modules.