Recurring G/L Journal Entries

Use this to add or modify recurring general journal entries.

This works the same as the regular General Journal Transaction entry .

Reference ID
This is a 20-character field that describes this recurring batch. Enter a reference that uniquely identifies this batch.

Transaction Balance
This field displays the balance of the batch being entered. The transaction balance must be zero (in balance) before the batch can be saved.

Comments
Click this button to enter any comments for this recurring journal entry. Comments will be displayed on the G/L Journal report for this journal entry when it is used.

Description
Enter a description for the detail line being entered.

Account
Enter or choose the account that will be debited or credited by this transaction. To choose the account, type it in or press the F2 key to bring up the list.

Well/Lease
Enter the well ID to which this expense applies, if necessary. Choose the well from a list by typing it in or pressing the F2 key.

Code
Enter the expense code to which this expense applies, if necessary. Choose the expense code by typing it in or pressing the F2 key. Expense codes only need to be entered if a well has been chosen, and you want this entry to affect the revenue distribution.

Dept
Enter the department code to which this expense applies. Choose the department by typing it in or pressing the F2 key.

Debit Amount
If the account specified should be debited enter the amount of the debit here.

Credit Amount
If the account specified should be credited enter the amount of the credit here.

After you have entered all of the detail lines for this batch, choose the Save button from the toolbar if you want the batch saved to the recurring general journal entry file. You can use this entry by going to the Tasks> General Journal Entries , adding a new record, and then clicking on the Recurring Entries button. This will bring up a list of all recurring journal entries that you have defined.