Create an Adjustment or Reversal Journal

This job aid helps central office users create an adjustment journal or reversal journal at period close (month-end or year-end). Year-end and other adjustments are created when you are posting to an accounting period that is otherwise closed to most users. This process is distinct from the copy-and-reverse journal task, which serves to correct errors. Creating an adjustment journal or reversal journal is for year-end adjustments or accruals for the purposes of creating accurate financial statements.