Journal Types

Use Journal Types in the Finance submodule in the Settings module to configure journal types and make it easier to enter items such as payroll and depreciation. You can create, remove, and edit journal types and edit journal type mapping options. You can also enable WorkBook to automatically create journal entries.

To use Journal Types in the Finance submodule, you must have access to Settings as defined in User Access Rights under Settings.

Journal Types provides the following tabs:

  • Journal Types: Enables you to create, remove, and edit journal types. You can also enable the automatic creation of journal entries.
  • Journal Types Mapping: Enables you to set up system journals that you can use for transactions such as residual postings, automatic payments, and sales invoices.