Post a Journal Entry

In this course, we explain how to enter a manual journal entry.

Here are some key points to take away:

1. All journal entries are posted to the Journal Entries file. Including automatic journal entries posted from documents, such as A/R and A/P invoices and manually posted journal entries.
2. When entering manual journal entries, in the G/L Acct/BP Code field press Tab to display the accounts list. Or CTL + Tab to display the Business Partners Master Data list. Remember that you can enter the list of accounts or business partners from the context menu as well.
3. Depending on your country standards, you can specify whether reversal transactions are performed as standard reverse transactions or as reverse transactions with negative amounts
4. The scheduled reversal is done by entering a future date for cancelation in the journal entry. The cancelation transaction can be defined to prompt automatically.

You can also download the document here for your records.