Create Journals from Template
You can create a journal template to post adjustments that have common information,
such as entities or accounts. Then you can use the template to create journals with
similar information. Journal templates simplify the journal creation process and are
useful for journals that need to be created for every period.
You can create two types of journal templates:
- Standard templates, which contain accounts and entities for adjustments that you enter frequently.
- Recurring templates, which contain complete information for identical journal entries that occur for more than one period. When you open a journal period for a recurring template, journals are automatically created with a Working status.