Entering a Percent Journal Entry

Access the Journal Entry form.

The total debit percentages for balanced journal entries must equal the total credit percentages. The total debit or credit percentages do not have to equal 100 percent.

Document Type

Leave this field blank for the system to assign JE (journal entry). This code is from UDC table 00/DT.

Percent

Select this check box to distribute the total amount of a journal entry among accounts based on percentages.

The system displays the Distributed Amount field in the header area and the Percent (%) field in the detail area.

Distributed Amount

Enter the total amount of the journal entry in this field. For percent journal entries, the system calculates the detailed amounts to distribute based-on percentages entered in the Percent (%) fields.

%

Enter the percentage of the total amount that the system should distribute to the account number.

The system does not assume decimal places in the number that you enter. If you want to specify a percentage that includes a decimal, you must enter the decimal. For example, enter 12 for 12 percent, and enter 42.5 for 42.5 percent.