Journal report
This topic describes the details of the Journal report as part of the accounting books process in 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