Period End Journals in PT SAF-T
Period end journal (PEJ) entries are included in the PT SAF-T files if you had set your tax reporting preferences to include any of the three types of PEJ. For more information, see Including Period End Journals in PT SAF-T Files.
PEJ entries are included in the GL Transactions and GL Accounts tables of the PT SAF-T.
The following table shows the calculation of Opening and Closing Debit and Credit Balances for each account type with PEJ considered:
|
Account Type |
Opening Debit/Credit Balance |
Closing Debit/Credit Balance |
|---|---|---|
|
Balance Sheet Accounts |
Debit or Credit values of all transactions from their inception to the starting period of the report. |
Debit or Credit values of all transactions within the start and end periods of the report. |
|
Profit and Loss (P&L) |
Debit or Credit values of all transactions from the start of the Fiscal Year to the starting period of the report. |
Debit or Credit values of all transactions from the start of the Fiscal Year to the end period of the report. + Debit or Credit values of P&L closing period end journal entries within the start and end periods of the report. |
|
Retained Earnings |
Debit or Credit values of all transactions from their inception to the starting period of the report. + Debit or Credit values of all transactions posted in P&L accounts from their inception to the start of the Fiscal Year. |
Debit or Credit values of all transactions from their inception to the end period of the report. + Debit or Credit values of all transactions posted in P&L accounts from their inception to the start of the Fiscal Year. + Debit or Credit values of P&L period end journal entries within the start and end periods of the report. |