Creating System Journal Entries for Inventory Activity

Overview

Use this job aid to print the Inventory Activity Report that includes transactions created from the Inventory menu and excludes inventory related transactions from Accounts Receivable and Accounts Payable, the Inventory Activity Summary Report that prints the G/L distribution on each inventory transaction, and if system journal entries are created, the Inventory Journal Report prints the actual system journal entries. Line items from purchase and sales transactions print on the audit reports for Accounts Payable and Accounts Receivable.

To create system journal entries for inventory activity:

1. From the Toolbar, click SJI for System Journal Interface.

2. From the SJI Menu, select Create System Journal Entries, and then select Inventory Activity.

3. In the Printer box, type the number associated to the place you want your report to print.

4. In the Print Type box, type the number associated to the characters per inch to print the report in.

5. In the Copies box, type the number of copies of the report you want to print.  

6. In the Pages From and To boxes, type the page number range you want to print the report for.  Leave the boxes blank to print all pages.

7. Click OK.

8. At the Do You Want To Create System Journal Entries? prompt, click Yes. If you click No, the system will still print the data but the entries will not be created. This enables you to check for out of balance issues before creating entries.

9. In the Printer box, type the number associated to the place you want your report to print.

10. In the Print Type box, type the number associated to the characters per inch to print the report in.

11. In the Copies box, type the number of copies of the report you want to print.  

12. In the Pages From and To boxes, type the page number range you want to print the report for.  Leave the boxes blank to print all pages.

13. Click OK.

Learn more about Create System Journal Entries feature:

• Posting Entries to the General Ledger
• Creating System Journal Entries for Payroll
• Creating System Journal Entries for Bank
• Creating System Journal Entries for Accounts Receivable
• Creating System Journal Entries for Accounts Payable
• Creating System Journal Entries for Inventory Activity
• Creating System Journal Entries for Commodity Settlements
• Reverse SJI Entries in Order to Recreate & Re-Post
• How to Find and Fix Inactive Posting Account Error in SJI Creation