Understanding GL Journal Entries

You can revise fixed asset journal entries that are posted to the general ledger before they are posted to fixed assets. For example, you might want to review journal entries to ensure that all of the fixed asset information, such as asset numbers, is included. You also work with GL journal entries if you want to keep any transactions that fall within the fixed asset (FX) range of AAIs from posting to fixed assets. An example of this type of journal entry is for transactions that you record to make corrections to the general ledger.

This section discusses:

• Unposted journal entry revisions

• Unposted journal entry splitting