Journal Transactions Decimal Rounding
Menu Path: Accounting > Other Functions > Journal Transactions Decimal Rounding
This function will round each journal entries to two (2) decimal places and then check whether the journal is balanced. If journal is balanced, then no further action will be taken. If journal is not balanced, then it will insert a journal entry with the specified GL Code to balance debit and credit side of the journal.
- Select the Company, Date range, Status and tick the Option checkbox if applicable.
- Click on the Generate Report Now button.
- The list of Journal Entries that are not tally will appear below as shown in the sample image above
- Tick on the checkbox from the last column (on the right) that needs to be amended.
- Select the GL Code via drop down list that appears above the listing generated and click the Process Now button.
- The EMP system will auto-balance the Journal Entry.
- A new journal entry will be inserted to balance to regard with the decimal rounding.
- Users may navigate to JTxn Listing to view the changes in the Journal.
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