What are different types of Journal entries ?

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Mohammed Rahmathullah

  • Aug 20th, 2005
 

Ans: Encumbrance,Stats,Actual

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Syed Basith

  • Sep 6th, 2005
 

Hi,  
Can you please elobrate this a bit ? 
 
Regards 
Syed

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Divya

  • Sep 26th, 2005
 

There are mainly two types of Journal entries :

1. Simple Journal Entry

2. Recurring Journal Entry

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Journals are of 3 types 

A-Actual

B-Budget

E-Encumbrance

Select Distinct ACTUAL_FLAG from GL_JE_HEADERS ... will show the different types of Journal stored in the Journal Header table.

 

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garkhail

  • Jan 26th, 2006
 

Journal Entries can also be categorized on the basis of JE Category as well. You can refer all the Journal Categorizes defined in the env by using the following query:

Select distinct je_category from GL_JE_HEADERS

JE_CATEGORY
--------------
Accrual
Adjustment
Allocation
Balance Sheet Close
Chargebacks
Consolidation
Credit Memos
Cross Currency
Debit Memos
Depreciation
Income Statement Close
Labor Cost
MTL
Miscellaneous Transaction
Other
Payments
Purchase Invoices
Receiving
Revenue
Sales Invoices
Tax
Trade Receipts

Bonthu N Reddy

  • Feb 13th, 2006
 

A Debit or Credit to a General Ledger Account is called Journal Entry...

Types of Journal Entries:-

1) General Journal Entry.

2)Recurrning Journal Entry.

3)Mass Allocation Journal Entry.

4)Reversing Journal Entry.

Cheers,

Bonthu N Reddy.

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prasant

  • Feb 21st, 2006
 

CAN u explain me this question

TDS entries are not posted

 

Prasant

 

 

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kashinath

  • Aug 2nd, 2006
 

hi, then what are these types of entries, what are they called then -

skeletel journal entry
standard journal entry
formula journal entry

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prem

  • Oct 6th, 2006
 

type of journal entry

1.simple Journal Entry.

2.Recurrning Journal Entry.

3.Reversing Journal Entry.

4.Mass Allocation Journal Entry.

5. journal import process--- through this process, we can enter journal from sub ledger like AP

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Pallavi

  • Jul 21st, 2007
 


Seketon, formula and Standard JE are types of Recurring JE.
The JE types are only five:
1. Basic JE
2. Importing from other subledgers
3. Recurring
4.Reversal
5. Mass Allocation

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Krishna

  • Oct 21st, 2011
 

There are total 6 Types of Journals
1. Functional Journals, Where functional currency will be used.
2.Foreign Currency journals, where Foreign currency will be used.
3.Reversal Journals, this will be used to Reverse the Mistaken journals to balance the Balances of A/c's
4.Suspense Journals, This will be used to find variants in A/c to settle those variants.
5.Recurring Transaction Journal: Where the transaction happens periodically those transaction will come under Recurring Journals, as per the transaction again this Recurring Journal will be divided into 3 types.
1. Standard Recurring Journal. where there is no change in amount periodically
Ex: Rents..
2. Skeleton Recurring Journals: where the transaction takes place periodically but the amount varies those are come under Skeleton Recurring journals.
Ex: Power bills, Phone bills.. Etc...
3. Formula Recurring Journals, which requires formula to calculate.
Ex: Dep calculation on loans and all..
6. Tax Journals: where Tax record should be mentioned is come under Tax Journals.

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