Rice Lake TransAct 3.5 - Manual (Page 145)

Statements/Posting (TransAct Plus) Accounting
146 Version 3.5
Statements/Posting (TransAct Plus)
Statements
Use Statements/Posting to create billing statements, apply finance charges update account balances,
and post transactions. A statement will be created if a customer carries a previous balance or has account
activity throughout the statement period.
To generate statements, select Accounting | Statements/Posting from the main menu. The
Statement/Posting Options table appears.
Figure 131. Statement Options Window
Type
Select Statement to update account balances, apply finance charges and mark transactions.
Dates
To Date
The date entered in the To Date box will be used as the cutoff date for transactions (charges, payments
and credits). A statement will include all unmarked transactions thru the selected date.
Example: Many organizations issue monthly statements on the last day of the month. When
Statements/Posting is selected from the Accounting menu, the current system date
appears in the Statement To Date box. If today is February 3, 2004 and only transactions
dated through January 31, 2004 are to appear on the statements, change the date in the
To Date box to 1/31/2004.