Reversing Journal Entries

Overview

Use this job aid to generate and post current reverse and prior reverse journal entries with offsetting amounts and/or quantities to the general ledger in the selected journal period. The reversing journal entry is posted in the current journal period. This job aid does not change the status code on system journal entries posted to the general ledger to allow the recreation of journal entries in SJI. System journal entries may only be reversed in the current journal period and must be voided in SJI through the Maintain System Entries opt.

To create manual journal entries:

1. From the Toolbar, click LDG for General Ledger.

2. From the General Ledger menu, select Journal Entries, and then select Reverse Journal Entries.

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3. Select either Reverse Current Period Entry or Reverse Prior Period Entry.

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4. In the Journal Entry # box type the number and Click OK.

    

5. At the Reverse This Journal Entry? prompt click Yes.

    

Learn more about Journal Entries feature: