Reversal Journals

Journal Reversal feature is used to reverse the journals, which are users entered by Mistakes. 

There are two types of Journal Reverse Method.

1. Switch Dr/Cr
2. Change Sign

1. Switch Dr/Cr : If we use this Switch Dr/Cr Reversal Method. The Reversal Journals will be created by the system with opposite line of Original Journal.

               Step 1:-Query the Journal which you want Reverse.

               

               Navigation:-Journals>Enter

        Enter the Journal “Rent Journal”

        Click on the “Find”

      Click on the “Review Journal”

      Reversal Method is showing “Switch Dr/Cr”

     Click on the “Reverse “

     Note:-We can reverse the Journal in current Period (or) Future Period.

     Select the Period and Click on the “OK” Button. 

      System will run the one concurrent program.

      Click on the “OK”

      Verify the concurrent program

      Navigation:-View>Request>Find

       Query the Journal which system has created journal.

       Navigation:-Journal>Enter

     Enter the Journal Name “%Rent% Amount%”

     Click on the “Find”

    

    

     Select the Un-posted journal and verify the reversal amounts.

     Click on the “Review Journal”

     Debit amount shifted to Credit Side

     Credit amount shifted to Debit Side.

     Click on the “Post”

1.   2. Change Sign:-If we use this reversal method. System will create the reversal journal with opposite sign.

                Step 1:-Assign the profile options to the Responsibility

                            Log into the system administration.

                            Navigation:-Profile>System

     Select the Responsibility Name from list of values.

     Enter the profile option Name “%journal%reversal%”

     Click on the “Find”

    Enter the Responsibility Level “Yes”

    

    Step2:-Query the journal which you want reverse.

                Navigation:-Journal >Enter

     Enter the journal Name “%Teliphone%”

     Click on the “Find”

     Click on 

   Select the Period Name “Oct-13”

   Method “Change Sign”

   Click on the “Reverse”

    Click on the “Yes”

   Click on Ok 

      Click on “ok” System will run the concurrent request after complete the request, verify the reversal journal.

     Navigation:-View>Request>Find

    Verify the Reversed Journal

    Navigation:-Journal >Enter

    Enter the Journal Name “%Teliphone%”

    Click on the “Find”

   Select the “un-posted journals”

   Click on the “Review Journal”

    The sign has been changed from positive to Negative.

    Click on the “Post” Journals.