Page 26 - Participant Guide ebook - Unanet GovCon Using General Ledger

Check Your Understanding

1. What is used by GL Users and GL Posters to enter transactions that need
to be reflected in the financial statements but do not flow naturally from
other input screens?
a) AP Invoices
b) GL Journal Entries
c) AR Payments

2. What is required in order for a Journal entry to be submitted?
a) Attachments
b) Description
c) Totals of Debits = Credits

3. What status should the GL Poster search for to show the results of the
journal entries that are ready to be Posted?
a) Inuse
b) Completed
c) Submitted

Refer to Appendix A for answers to the Check Your Understanding questions

LESSON 3 GENERAL LEDGER TRANSACTIONS
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