Journal Entries (AM20.5)

Use Journal Entries (AM20.5) to accept, change, or reject the automatically generated journal entries.

Journal Entries (AM20.5) displays automatically when the operations you perform on an asset requires you to generate general ledger journal entries. You can also open the form independently to view, add, change, or delete journal entries specific to an asset.

Process at a Glance

  1. Define asset header and detail information using AM20.2.

  2. Define asset item information using AM20.3.

  3. Assign asset books using AM20.4.

  4. (This step) Access, change, or delete system-prompted journal entries on AM20.5.

  5. (Optional) Verify assets using AM220 and modify as needed using steps 1 though 4.

  6. Release assets in batch (using AM170) or individually (using AM20.2, AM20.3, or AM20.4).

More Information

If you reject the prompted entries, you may need to add journal entries manually at a later time to ensure that Asset Management and General Ledger are in balance.

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