Instructions for F-04 – Post with Clearing
F-04 is used for clearing open items between funds. The example here is forbank accounts (house banks): clearing a check from the outgoing account tothe cleared cash account. This should be done only if the items did not clearon transaction FF67 (Process Manual Bank Statement) and they are genuinelynot outstanding any longer.
Agencies should NOT use this process with Treasury funds; they are clearedcentrally.
Enter the Document date, Document type (ZR for bank clearing, AB for otherclearing), Posting Date and Reference text. It is also a good idea to use theDocument Header Text and Clearing text, particularly to explain why the itemdid not clear on the bank statement.Select Outgoing payment for checks or transfers out of the bank account.(Select Incoming payments for deposits or transfers into the bank account)Enter the posting key (50 for checks/transfers out, 40 for deposits/transfersin).Enter the General Ledger Account. This is the master, or cleared cash, accountthat ends in “0”.Click the “Choose open items” button.Page 1 of 8