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Fastbase Accounting System - Online Manual

Standing Journal

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Entered Mon, 26 May 2003 16:37 by
Updated Mon, 30 Jun 2003 09:50

When you have recurring journal entries to be made on a periodic basis (eg: monthly) you can enter a standing journal, this is like a template.

When you create a new batch to record your journal you will be prompted to enter the repeat days or repeat months. Enter 1 in the repeat months for a monthly journal.

Enter the journal in the same manner as a General Ledger Journal.

Each month (or whatever period you choose) you will need to go to the Process Standing Transactions option, select each standing journal batch to be processed.

Once the batch has been created you can maintain it and make changes as required.

Other transaction types can be created as standing transactions, see Utilities - Transaction Definitions for details.

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