Journal entries

Example 1

A project accountant is working on a cost analysis for Moose Wood Outfitters' new store projects. Some transactions that originated in Accounts Payable were posted to the wrong activity. She creates a journal entry using the Journal Entry form to reclassify the costs from the wrong activity to the correct activity.

Example 2

LGE Corporation wants to track the number of CT scans performed for their drug research project, but this information is not captured in other Lawson applications. They record the number of scans and enter the hours in Project Accounting using the Journal Entry form.

Example 3

Research Associates, Ltd. provides market research services to its clients and bills their clients based on the number of focus group sessions they conduct. They enter the number of sessions using the Journal Entry form.

Units you enter on transactions that originate in Lawson applications are not available for units of production billing. For example, if you want to bill based on the number of units, such as the number of tests performed, do not address these quantities in transactions that originate in Accounts Payable or Payroll. Instead, enter units using the Journal Entry form or the Resource Time Entry form, or interface transactions containing units of production using the interface process.