Canceling Journal Fields

In this topic you must choose your edition of our application. If you are unsure, contact your administrator.

Here is a description of the fields and buttons related to the creation of canceling journals.

Classic Edition

Button Description
Cancel Journal Creates a new journal of type "Canceling Journal" using the same information as the original source journal, but with the opposite amount for each line item. The source journal must be "Complete".

When a posted journal is canceled, the following fields are editable:

Extended Edition

Key: R – Read-only in all contexts ; * – Mandatory field

Field   Description
Reverse/Cancel   Indicate the type of journal that you want to create. The Cancel option is enabled when the source journal's status is "Complete".
Debits/Credits/Total R Displays the financial details of the new journal.
Journal Currency R Currency of this document.
Journal Date R The date of the source journal.
Journal Description   Description of this journal. This becomes the default description on the resulting transaction.
Original Journal Number R Displays the number of the source journal.
Period * Period in which the canceling journal will be created. This must be an open period. The default canceling period is the period of the source journal.
Reference   Any significant reference that might be useful. Defaults to the reference on the source journal.

The following buttons may be displayed on the button bar:

Button Description
Cancel Cancels the current session without saving.
Save & Post Saves and posts the canceling journal.

Related Concepts

What is a Journal?

About Intercompany Journals

About Currency Overrides on Journals

Custom Fields on Journals

Related Tasks

Creating a Standard Journal

Journal Line Items

Analysis and Tax Details on a Journal

Overriding Currency Values and Rates on a Journal

Creating a Canceling Journal

Creating a Reversing Journal

Creating Recurring Journals

Displaying Journal Details

Editing Journals

Posting Journals

Posting Multiple Documents with OneTouch

Cloning Multiple Journals

Canceling Multiple Journals

Discarding Journals

Reference

Journal Fields

Recurring Journals Fields

Reversing Journal Fields

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