Specify a journal entry's recurrence
You can set up a journal entry that automatically, periodically recurs. For instance, you can set up a recurring monthly depreciation.
Made2Manage creates recurring journal entries in Started status. Each month, you must manually change the status of recurring journal entries.
To specify a journal entry’s recurrence
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Open the Journal Entry (GLJE) page.
a. Select Financial Management > Financial Transactions > General Ledger > Journal Entry.
Or
b. Search for GLJE or Journal Entry in the Navigation box and then select Journal Entry.
The Journal Entry (GLJE) page appears.
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On the Toolbar, click Copy.
The Copying Journal Entry window appears.
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Select Recurring Journal Entry, and click Accept.
Click Cancel to exit from the Copying Journal Entry window.
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Click the lookup reference at the end of the Starting Period field.
The Lookup For Period From window appears.
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Select a row, and click Select to select when you want the recurring journal entry to start.
Click Cancel to exit from the Lookup For Period From window.
You should select the period after the current period. If you select the current period, Made2Manage will create two journal entries in the current period.
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Click the lookup reference at the end of Ending Period field.
The Lookup For Period To window appears.
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Select a row, and click Select to select when you want the recurring journal entry to stop.
Click Cancel to exit from Lookup For Period To window.
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In the arrows at the end of Every field to select the frequency with which you want the journal entry to recur. You can increase or decrease the value by 1.
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On the Toolbar, click Save.