Reverse a Journal Post

Follow the steps below for reversing and posting a journal.

Step Action Illustration

1

Open the desired posted journal and ensure you are on the Edit Journal page.

2

In the Journal section, click Show More. Additional tabbed options appear.

3

Click the Reversal tab. Reversal fields appear.

4

Click the Reversal Period arrow to see the list of available dates, or click Search at the bottom to enter an Accounting Period date.

 

Dates must be entered as Mmm-yy

 


 

5

Click on the drop-down arrow for Journal Actions and click Reverse.
 

6

Click Yes. A confirmation pop-up appears indicating that the process has been submitted.

7

Click OK. The Reversal tab reappears.
 
Note: The Reversal Status field does not change and remains empty until you return to the Manage Journals page.

8

In the Edit Journal section, click the drop-down arrow and select Save and Close.

9

From the list in the Search section, click the journal you just reversed.

10

In the Journal section, click Show More. Additional tabbed options appear.

11

If not already viewable, click on the Reversal tab. The Reversal Journal appears in the Reversal Journal field.
 
Click Reversal Journal.
The Reversal Status and Originating Journal information displays.

 

12

Click Post. A confirmation pop-appears indicating that the process has been submitted.

13

Click OK. The process is complete.

Updated 10/2/2018 JM