About releasing a journal entry

After you enter manual journal entries and make necessary corrections, you must release the journal entries before you can post them.

Before Release

A journal entry must meet the following criteria before you can release it:

  • The journal entry must be in balance

  • For a company that uses control totals, the journal entry must also have a matching control and journal entry totals

Results of Release

Releasing a journal entry:

  • Changes the journal entry status to Released

  • Makes the journal entry transaction lines available for posting

  • Creates intercompany balancing entries (for intercompany journal entries only)

Tips for Using Infor Process Automation

If you are using Infor Process Automation, the following tips apply:

  • Upon release, journal entries that are less than the amount entered in the JE Approval Amount field on Company (GL10.1) are available for posting.

  • Upon release, if journal entries are greater than or equal to the amount entered in the JE Approval Amount field or the JE Approval Amount field is left blank, the application sends the entry to Infor Process Automation for approval.

  • If a journal entry is approved, it can be posted or unreleased. Posted entries can be backed out. Unreleased entries can be maintained or deleted.

  • If a journal entry is disapproved, it can be unreleased, but it cannot be posted. Unreleased entries can be maintained or deleted. After an unreleased entry is maintained, it can be released. On release, the approval process begins again.