Process Reversing Entries

Owned by Stephen Juliano (Unlicensed)
Last updated: Jun 15, 2022 by Colleen Juliano
2 min read

Table of Contents

Overview

After entering all reversing entries, it is necessary to process the entries in order to make them known to the system. 

Detail

  • Starting and Ending Journal Entry numbers – enter a Journal Entry range of entries to process (leave blank to process all).

  • Starting and Ending dates – Enter a date range of entries to process (leave blank to process all) or select a range of dates from the drop down menu.

  • User ID – Will default in automatically to your user ID (leave blank to process all).

  • Print Detail - Select Yes No or for un-balanced entries only.

Press the Process Reverse entries button a Journal Entry Transaction Processing Report will appear on the screen If correct press the Print icon to obtain a hard copy of the report If all is good at the "Okay to process journal entries?" prompt, press Yes to process or No to return and make changes. 
Note: The system will not allow you to process unbalanced journal entries. A message will appear stating the general ledger is out of balance and the system will not allow processing to continue. After correcting any general ledger entries, return to this screen and run the report again. If the general ledger is in balance, the system will allow processing to continue.

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