Journal report

This topic describes the details of the Journal report as part of the accounting books process in Infor LN 10.7 for Poland localization.

Journal report is used to keep a record of all financial transactions. In accordance with Art. 14.1 of Accountancy Act, the entries must be recorded chronologically and numbered consecutively. The Act allows for companies to use either a single general journal or several partial journals.

Based on the legal regulations (Art. 23 of Accountancy Act), each journal entry must include this data:
  • posting date
  • type and number of the accounting document
  • document date
  • text, code, or brief description of the transaction
  • automatically numbered journal item
  • identification of the ordering person (approver)

Each journal entry must be assigned a consecutive number.

If partial journals reports are printed, a summarized journal report containing totals of all the partial journal reports is also printed, including this data:
  • total debits and credits up to the period
  • total debits and credits for each partial journal separately
  • total debits and credits for the period
  • total debits and credits at the end of the period