Recalculating Journal Balances
The Recalculate
Journal Balances utility recalculates the accumulated debit and
credit balances of all transactions for a specific journal and date range.
If an imbalance exists, the system generates a new transaction to bring
the journal back into balance.
NOTES:
- After running this utility, you must run the Journal Transactions
utility to complete the transactions that were created to balance
the journals.
- You can recalculate only one journal at a time.
- Enter information in the following fields:
- Journal ID - Enter the journal
ID you want to recalculate.
- Starting and Ending Transaction
Date - Enter the range of dates for which you want to recalculate
transactions.
- Transaction Date - (Optional)
Enter the date you want to use for any transactions that are created
by this utility. Note that if you do not enter a date, you will
be prompted to enter one when you use the Journal Transactions
utility to update the transactions.
- To process your selections, select Process.
At most, the system creates one transaction.
Related Topics
General Ledger
Steps