Background for Release to the General Ledger

The release to the general ledger includes transactions that are tied to a subsidiary and payments that are made to a subsidiary. This option exports batches of the standard transactions, including summarized ledger card and revenue transactions, and the transactions held in the subsidiary transaction table, to your general ledger system.

General ledger account numbers are associated with the transaction codes. Anthology Student uses the Campus ID from the revenue ledger when looking up the general ledger account numbers. An enrollment can have revenue entries for more than one campus. Anthology Student uses the Campus ID from the deferred revenue entry.

When you release transactions to the general ledger, the related records in Anthology Student: 

• Are marked as posted

• Cannot be included in a new batch

Financial Aid Fund Sources

The release to the general ledger gathers the general ledger accounts for monies received from and refunded to financial aid fund sources. If general ledger debit and credit accounts are specified for a fund source, these accounts are used to post for this fund source as opposed to the default accounts used for cash received and refunded transactions. General ledger accounts are configured for fund sources. (Select the Configuration tile > expand Financial Aid > select Fund Sources.)