HOW TO : Make a Recurring Journal and Recall it as per need.

  • Go to General ledger/Periodic/Journals/Periodic Journal
  • Click New and select Recurring Journal

1

  • Enter the description as required and click on Lines

2

  • Enter the details in the Lines that includes Account Type, Ledger account with dimensions, Amount(Debit/Credit) and Offset account

3

Below are the column descriptions for understanding:

Date = Effective Start date used to generate entries

Units = Months

No of Unit = Interval of entry

Last Date = date till which entries will be generated

  • Now we will recall this Recurring Journal for a transaction. Go to General ledger/Journals/General Journal and create a new Journal and go toLines

4

  •  Click on Period Journal > Retrieve Journal

5

  • Now enter the date to which the Journal needs to be retrieved, as the recurring Journal was created with interval of one month so I have given the date till June that will generate 6 lines from Jan to June. Also select the Journal that you want to retrieve from the drop down and click OK.

6

  • The system will generate the lines based on date for six months.

7

  • Validate and Post the Journal.

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