How do you ensure Customer Invoices have no impact on the General Ledger?

To ensure customer invoices have no impact on the General Ledger, selecting the historical posting option during the import of Accounts Receivable (AR) invoices is effective because it allows the invoices to be recorded without affecting current financial data. When historical posting is utilized, the system recognizes these invoices as part of previous accounting periods rather than current ones, thereby maintaining the integrity of the ongoing general ledger.

This option is particularly useful during data migrations, where you may need to import historical invoice data for reference or reporting purposes without affecting current financial statements and balances. On the other hand, other methods like posting memo transactions, utilizing non-posting entries, or setting invoices to draft status either do not effectively indicate historical invoices or serve different purposes. Memo transactions can assist in tracking but would still show invoices in the general ledger, while non-posting entries and draft statuses are not suitable for finalized invoices meant to be recorded in a way that completely avoids ledger impact.