Single or Multiple Journal Batches

Entering journal batches is optional. The application creates a unique batch ID automatically; using the journal entry name combined with the system date and time. All journal entries in a batch must share the same accounting period.

Enter journals only in a current or future enterable accounting period. Batches can contain one or an unlimited number of journal entries. When you post one journal entry, the entire batch posts. Posting is always done at the batch level.

Using a Single Batch

You can record a set of journal entries in a single batch. For example, all of your statistical entries or monthly accruals can be entered in one batch for easy reference, querying, and posting.

Using Multiple Batches

Use multiple batches when it's important for each journal entry to be reversed separately or to document a specific transaction or adjustment.