Journal entries

Infor Public Sector records debit and credit journal entries for every asset valuation transaction. The journal entries are generated by a batch process called a journal run.

Journal entries are added to the AssetValuationJournal table using the debit and credit budget numbers defined in Journal Setup.

See Assigning budget numbers for asset valuation journals.

As a best practice, we recommend that you create journal entries for each period immediately after the period has been depreciated.

You can use the Lookup Asset Valuation Journal Runs form to review the results of previous journal runs.