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Recurring Journal Entry

Owned by Joseph Wall (Deactivated)
Last updated: 06 20, 2022 by Claire Aleman

Overview:

Use the Recurring Journal Entries window to establish journal entries that PENTA posts each month as part of the month-end closing process. Recurring Journal Entries can be posted to an OU and Account, Job Distributions, or combo of the two.  The entry will run automatically as part of a close depending on configuration and if the entry is balanced.  Otherwise, if the recurring entry is left as blank, the recurring journal entry process stops and waits for a balanced entry to be made.

Benefits:

  • Create Journal Entries made each month to be processed automatically

Roles:

  • Accounting Manager
  • Controller

Additional Content

  • These entries can be posted automatically as part of the Close Accounting Period process (see the description of System Option #76 (“Recurring Journal Entry with Close”)) or they can post outside of the Accounting Period Close process using the Recurring JE Distribution window.

Location:

  • Finance & Accounting > Data Entry > Journal Entries > Recurring Journal Entries

Video:


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