Revising Profit Recognition Journal Entries

If you generate the journal entries in error, or discover that you need to make revisions, do not delete the unposted journal entry. Instead, post the journal entry, make the necessary revisions, and rerun the Profit Recognition Build program for the same period.

The system recalculates the profit information based on the changes that you make and generates journal entries for those incremental changes only.

See also:

• "Revising and Voiding Posted Journal Entries" in the JD Edwards EnterpriseOne Applications General Accounting Implementation Guide