Recurring journal entries

Recurring journal entries are similar to regular journal entries. You must release and journalize recurring journal entries to Global Ledger for posting. Recurring journal entries are created in a subsystem of Global Ledger called Recurring Journal and have a system code of RJ.

You can create two types of recurring journal entries:

• Automatic zero journal entries, where amounts or units are zeroed after the recurring journal entry is processed for the period
• Non automatic zero journal entries, where the amounts or units remain constant