Transaction Journals Overview

Before you use the Transaction Journals functions, complete the following tasks:

Use the Setup and Maintenance functions to set up codes and IDs.
Use the Master Lists and Interactive View functions to verify codes and IDs.
Enter all applicable transactions.

Use the Transaction Journals functions to perform these tasks:

Use the GL Journal function to print transactions for periods and source codes as part of your audit trail.
Use the Activity Report function to view transactions, the accounts they belong to, and the ending period balances of each account.
Use the Post to Master function to post transactions contained in the GL Journal to the specified account in the GL Master for a range of periods.

Editing and Posting Transaction Journal Information

If a transaction is incorrect, use the Transactions functions to edit it, then reprint the appropriate journal or report before you post the transaction.

Using Posted Transaction Information

After you post transactions, use the Management Reports functions to analyze balances, income statements, ratios, and cash flow.