Post Customer Invoice Initial Balances screen

Use the Post Customer Invoice Initial Balances screen to post customer invoice initial balance entries. When you post a customer invoice initial balance entry, ProContractor updates any pending cost to posted costs in the general ledger and in any cost centers identified in the distribution lines of the customer invoice initial balance entry.

Note: To open the Post Customer Invoice Initial Balances screen, click Administration > Initial Balances > Customer Invoices > Post Customer Invoice Initial Balances in the All Tasks pane.

When you enter a customer invoice initial balance using the Enter Customer Invoice Initial Balances screen, you assign the entry to a posting group. All entries in the posting group are posted together in a single action. You cannot post entries individually.

The Post Customer Invoice Initial Balances screen displays only the customer invoice initial balances posting groups containing entries that are ready to be posted. In order for a customer invoice initial balances posting group to appear on this screen, it must have a status of Entries in Process or In Review.

Before posting, you can generate a report on the entries that are ready to be posted in one or more customer invoice initial balances posting groups. After posting, ProContractor automatically generates a report on the entries that were posted. You can print or save this report. For more information on running the report, see Run and Print Journal History and Posting Journal Reports.

Important: Once you post a customer invoice initial balance entry, you can no longer modify it. If you need to make changes after posting a customer invoice initial balance entry, enter an adjusted customer invoice using the Adjust Customer Invoice screen.
Note: The Post Customer Invoice Initial Balances screen is a step in the initial balances setup process. The Enter Customer On Account Initial Balances screen is the next step.