Navigate to Finance – General Journal
Select General Journal – Recurring General Journal
Business Central will default to an “Accruals” Batch
Name. Other batches can be created by
clicking on the ellipse next to the name.
Begin to add the necessary lines for the recurring journal:
Recurring Method: *See grid below with recurring method
types. Most common are Recurring fixed/variable
and Reversed recurring fixed/variable.
Recurring Frequency: How often the journal entry should occur,
i.e. monthly, annually
Posting Date: What is the beginning date the journal entry
should occur. This can be for an earlier
date if you’re cleaning up prior months of accounting work.
Reverse Date Calculation: The number of days after the
posting date the journal entry should reverse, the entry will be automatically
reversed on the next day if left empty.
Expiration Date: The last date the journal entry should be
created. At this date the journal entry
will be deleted. The date can be changed
at any time on the template.
Document Type: Payment, Invoice, Credit memo, etc…
Document No:
Account Type: G/L Account, Vendor, Customer, etc…
Account No:
Description: Auto populated or can update to a recurring description,
i.e. Monthly accruals
Amount:
Dimension:
Once the journal template is created, click on post.
To use the recurring journal template for the next month,
select the template from the recurring journal list, review and update any
changes and post.
