About the GL Auto Journal Entry Form
Use the GL Auto Journal Entry form to post journal entries predefined in GL Automatic Journal Entry Setup.
Journal entries that lend themselves to this process include recurring entries for a set amount (including 0.00 amount entries used for varying monthly values), an allocation of accounts to other accounts, and recurring journal entries that are to be made for a specific number of months. This program simply automates part of the posting process; nothing happens here that couldn't be done manually in Journal Transaction Entry.
You must initialize auto entries before editing or posting may take place. If you have not initialized entries, the GL Init Auto Jrnl Entries form will display automatically after you open the batch. Once you complete initialization, the posting form (GL Auto Journal Entry) is displayed. If you wish to initialize additional entries after the batch is opened, you can do so by selecting the Initialize Entries option from the File menu.
Transactions may be changed or deleted on the GL Auto Journal Entry form, as required, before the batch is validated and the entries are posted to the General Ledger.
Intercompany Journal Entries
For information about initializing auto journal entries, see About the GL Init Auto Jrnl Entries Form