Result – Accrual accounting journal

In the left part of the tab you find a table showing which journal (or journals) will be generated. In the right section of the tab you see the journal you have selected from the table. You change the journal shown in the Preview box by clicking on a journal in the table to the left.

Journal number

In this column you see the journal number. A new number is generated for each new accounting period.

Period

Under the Selection tab, the system suggests the last day of the current accounting period as the To date. This way it is easy to see if release has been forgotten for any accruals in earlier periods. If a period is not open it will be displayed in red font. Is not possible to approve a journal belonging to a period which is not open, even if other listed journals belong to open periods. In that case, you either have to open the closed period or under the Selection tab only select the month which is open.