Creating a Canceling Journal

1. Locate and retrieve the posted journal that you want to cancel. For more information, see Viewing Journal Lists.
2. Click Cancel Journal. This will create a new journal of type "Canceling Journal" using the same information as the original, but with the opposite amount for each line item.
3. [Optional] Edit the period, reference or description fields. You can also edit custom analysis fields if any have been set up for sub-analysis mapping Mapping of custom fields at header and line level for the purpose of profitability reporting..
4. Click Save & Post to save and immediately post the canceling journal. Both the source and canceling journals are updated with a reference to their associated journal.

1. Locate and retrieve the posted journal that you want to cancel. For more information, see Viewing Journal Lists.
2. Click Cancel Journal. This will create a new journal of type "Canceling Journal" using the same information as the original, but with the opposite amount for each line item.
3. [Optional] Edit the period, reference or description fields. You can also edit custom analysis fields if any have been set up for sub-analysis mapping Mapping of custom fields at header and line level for the purpose of profitability reporting..
4. Click Save & Post to save and immediately post the canceling journal. Both the source and canceling journals are updated with a reference to their associated journal.

1. Locate and retrieve the posted journal that you want to cancel. For more information, see Viewing Journal Lists.
2. Click Reverse/Cancel on the button bar. If you can't see this button, contact your administrator.
3. Select the Cancel option.
4. [Optional] Edit the period, reference or description fields.
5. Click Save & Post to save the journal and immediately post it. This will create a new journal of type "Canceling Journal" using the same information as the original, but with the opposite amount for each line item.

Both the original and canceling journals are updated with a reference to their associated journal.