Every transaction goes through a series of status codes that identifies the stage of the transaction. For example, a transaction with an S status might indicate that an incorrect account number was entered or that additional data entry is expected and the group is not yet complete.
Status Code |
Description |
Explanation |
S |
Suspended |
A group of transactions can be suspended if it is incomplete or incorrect and does not contribute to any of the balances on the G/L Master table. |
U |
Unposted |
These are error-free transactions that have not yet been posted and do contribute to the unposted balances in the G/L Master table. |
C |
Current |
Current transactions are those that are error-free, have been posted, and do contribute to the posted balances in the G/L Master table. |
Y |
Year |
This status reflects transactions that reside in months that have been closed using the month-end close procedure. |
H |
History |
These transactions reside in a previous year that has been closed. |