Entering Recurring Journal Entry Lines
You can define an unlimited number of journal entry lines for each recurring journal entry. The journal entry lines specify the accounts to update with the recurring journals. Each line also contains the amount to post to the designated account, or a formula to calculate the journal amounts.
To enter a recurring journal entry line:
1. Navigate to the Define Recurring Journal Formula window.
2. Enter or query the batch name and the journal entry name.
4. Enter a Line number to set the order of your recurring journal entry lines. You can indicate an automatic offsetting line for your recurring journal entry by entering the line number 9999.
5. Enter the Account you want General Ledger to update when you generate and post your recurring journals.
6. Enter an optional Line Description for the recurring entry line.
7. Enter a Formula for the line.
8. Enter the remaining lines for the recurring journal entry. Remember that you can use line number 9999 as the automatic offsetting line for each recurring journal entry.
You can enter a recurring journal entry line and have General Ledger calculate and insert the balancing amount for the recurring journal entry automatically. This is useful for allocation-type entries.
1. Enter one or more lines for the recurring journal entry.
2. Enter 9999 as the line number for the automatic offsetting line.
3. Enter an Account for the line but do not enter a formula. General Ledger will automatically calculate the amount for this journal entry line when you generate your recurring journal.
See Also
Creating Recurring Journal Formula Batches
Creating Recurring Journal Entries
Entering Formulas with EasyCalc
Creating Skeleton Journal Entries
Creating Standard Recurring Journal Entries
Defining Summary Accounts
Generating Recurring Journal Batches
