Creating a Large Canceling Journal

If a large journal has been posted in error, you can use it to create a large canceling journal. When the large canceling journal is posted, it reverses the transaction line items from the original source large journal.

To create a large canceling journal:

  1. Select the posted large journal that you want to cancel.
  2. Click Cancel Large Journal.
  3. [Optional] Edit the period, reference or description fields.
  4. Click Save & Post.
Tip:
If an error occurs when posting the large canceling journal and you are unable to post or edit the in progress large canceling journal, discard the journal and try canceling the source large journal again.