The Recurring Journal Entries Set Up program is used to set up the Recurring Journal Entries. It works the same as "Journal Entries" (8.1.1).

The Description may be a maximum of 50 characters.

The Account Number is the General Ledger Account Number to Debit or Credit for this entry. You need to have an equal dollar amount of Debits and Credits. The description will automatically be displayed.

The Additional Description field is available for a brief description if you need to better explain this entry.

You may assign a Job Cost Id, created in Job Cost Entry in SYSTEM MANAGEMENT (10.7.1), to the Journal Entry. If the Job Cost Id is assigned in another module, it will be displayed.

Be sure that the Debit or Credit is listed under the appropriate column. Remember that all General Ledger Journal entries must balance Credits and Debits.