Department journal entries

A department journal entry is created by crediting the expense account of the department that paid for the items and debiting the expense account for the departments that received those items. Department journals utilize journal process flow. After the journal entry is released, the credit transaction line is released and the debit transaction lines are set to Pending Approval. After all of the debit transaction lines have been approved, the creator of the department journal entry can journalize it to create the journal entry in Global Ledger.

When the Global Ledger journal entry is posted, users can access the department payables and receivables report.