Import Daily Close #2 ASCII File

** This utility is under development and is not yet available. **

This utility can import the ASCII file created in Daily Close 2.

It imports the A/R RECORDS from a file RSIHA in the data directory, into A/R Invoices and they can then be posted in Post A/R Invoices.

This processing can be useful if a remote site processes invoices, but the A/R processing is controlled by a separate software system at a Head Office.

Process Flow:

At the remote site, the A/R Control account in Default Accounts needs to be entered as an Inter Company account, and registered in External Branch Transfer Company Codes.
The invoices would be processed and posted through Daily Close 1 and 2 at the remote site. Daily Close 2 would write the ASCII file, as controlled by Company Daily Close Parameters.

At the Head Office, in Last Used Transactions the record IMPT tracks and numbers the imported files.
The file would then be transferred to the Head Office software system as RSIHA and saved in the data directory.
The ASCII file could then be imported into the Head Office, as A/R Invoices to be posted to the A/R sub-ledger.

The G/L is posted as a Debit to the A/R Control account and a Credit for the invoices to an Inter Company Acct, as setup in External Branch Transfer Company Codes.
This balances in the G/L against the Inter company account at the remote site.