Journals - Create Reversing and Recurring Entries
An easy to follow and step by step video tutorial on the set up of the journal function on the Financials for Office 365 Standard Edition.
Specifies how you want post transactions that recur with few or no changes to general ledger, bank, customer, vendor, and fixed assets accounts. In a recurring general journal, you enter the relevant information for the transaction, such as the posting date, amount and the accounts you want to post to. You also enter information that tells the program about how often the transaction is posted. You can also specify automatic reversal the day after the posting date and allocate an amount among several accounts. The information you enter in a journal is temporary and can be changed until you post the journal.
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