Journalizing recurring journal entries

Journalizing recurring journal entries creates a Released journal entry in Global Ledger.

  1. Select Processing > Journal > Recurring Journals.
    The Recurring Journal Schedule list is displayed.
  2. Select or open the recurring journal entry.
  3. Select Actions > Journalize.
    The status is changed to Processed and Released. A new journal entry is created in Global Ledger with a Released status. You cannot journalize the recurring journal entry again for the period unless you unprocess the recurring journal entry for that period.
  4. Process the journal entry in Global Ledger.
    Post the recurring entry to Global Ledger. The recurring journal entry status remains in Processed and Released.

    See Posting multiple journal entries.

  5. When all journal entries for the current period have been posted to Global Ledger, close the current period.
    See Closing selected periods.

    When the core ledger is closed, the status on the recurring journal entries are updated to Ready and Released or Ready and Unreleased.