Journal book

A journal book is used to post all entries, in detail, to the general ledger, with similar transactions grouped together. A journal book has two components:

• Header: the definition and parameters associated with the journal book

• Detail: the transactions assigned to a journal book

Journal books provide more detail in the general ledger for the cash and accounts payable accrual accounts. Journal book processing is required in certain countries.

If your company processes by journal book, then you must assign all transactions to a journal book number. Auditors can use these journal book numbers to track transactions to their origins. These numbers also are helpful in tracking transactions that you interface from non-Lawson applications.

You can define a default journal book on System Control (GL01.1). If you select a journal book number in the Default Journal Book field, then the number is assigned to transactions that originate from this system code for the company without a journal book value. See the information about defining a journal book in the General Ledger User Guide.