JOURNAL ENTRY: SOURCE PROCESS

JOURNAL ENTRY: SOURCE PROCESS

A source process field has been added to the Journal Entry file definition that will be populated when new journal entries are created (this field will display in a list on the Accounting tab of the Journal Entry Maintain Screen; it is not editable). When program updates are executed, a report will automatically run to establish the source in journal entries that derived from recurring journal entries (source 8) and converted data (source 11); the??source for one-sided journal entries (i.e., journal entries that contain only one balance sheet code) that were created using the Multi-Add Journal Entries process will automatically set to the appropriate source (in order to control the necessary editability and deletion of those type of journal entries; journal entries that contain only one balance sheet account have limited editability and cannot be deleted as that would cause an out-of-balance situation; new, offsetting journal entries are required to correct). The actual source process for other??pre-existing journal entries will not be known; therefore, the Source Process will reflect 0-Not Established.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Other Posts

BALANCE SHEET DETAIL REPORTS

When payroll amounts are needed but not the detail, use of the financial management activity (instead of summarized payroll job and deduction transactions) is now...

Read More...

Meet Donnica Carter

Hi Everyone! I am Donnica Carter. I recently joined the PAYROLL team in January. I knew I needed to make a change in my career...

Read More...