Description: NorthScope allows users to reverse and correct journal entries for transactions that have been posted. A reversing journal creates a new version of the journal entry in Reverse status, reversing the original debit and credit amounts. Reversing & Correcting journal entries does the same and creates a new version in New status.
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| Process | Processes the transaction. A transaction has to be selected in order to process. If the Action selected is Reverse & Correct, new versions of the corrected transactions are created. | ||||||||
| Refresh Data | Refreshes the grid section to display transactions meeting the filtering criteria entered in the header section. |
Header Fields
| Fields | Description |
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| Action | This field allows users to determine if the transactions should be reversed or reversed & corrected. |
| Correcting Date | Displays the date the transaction is being corrected. The field is only visible when the Action of Reverse & Correct is selected and defaults to the current date. |
| Date From | This date field is to enter a From Date to filter transactions displayed in the grid section. This field is required. |
| Date To | This date field is to enter a To Date to filter transactions displayed in the grid section. This field is required. |
| GL Account | Displays a multi selection drop-down menu of all the available GL Accounts to filter transactions displayed in the grid section. |
| Journal | This field allows the user to enter a Journal ID to filter transactions displayed in the grid section. |
| Transaction Type | Displays a drop-down menu to select the type of transaction to filter transactions displayed in the grid section. This field value defaults to 'Manual'. |
Grid Section
| Column Headers | Description |
|---|---|
| Comment | Displays the journal comment of the line item's corresponding journal entry. |
| GL Period | Displays the GL period in which the line item's corresponding journal entry resides. |
| GL Year | Displays the GL year in which the line item's corresponding journal entry resides. |
| Journal Date | Displays the date of the line item's corresponding journal entry. |
| Journal ID | Displays the journal ID of the line item's corresponding journal entry. |
| Reference | Displays the reference entered for the journal entry. |
| Reverse Date | Displays the reverse date of the journal. This field defaults to the journal date of the journal that is being reversed. The date must be in an open fiscal period. |
| Source Module | Displays the name of the module in which the transaction resulting in the line item's corresponding journal entry was created. |
| Source Trans ID | Displays the transaction ID of the transaction that resulted in the line item's corresponding journal entry. |
| Source Trans Type | Displays the type of transaction that resulted in the line item's corresponding journal entry - i.e. Delivery Ticket. |
Related Topics
Manual Journal Entry User Guide
Accrue & Reverse Journal Entry
Accrue & Reverse Journal Entry User Guide
Journal Entries Entry History Inquiry
Journal Entry Lines Line History Inquiry
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