Journal Templates

The Accounting Journal Templates tab is where the Journal Templates can be added for your Company. In order to do this, follow these steps:

  1. Navigate to the Accounting Journal Templates Tab in Oval Accounting.
  2. Click on New.
  3. Select the Record Type ( Standard or Multi-Entity).
  4. Click on Next.
  5. Enter the Accounting Journal Template Name.
  6. Select the Status from the dropdown.
  7. Search for the Company Entity or Department.
  8. Click on Save.

Once the Template has been created you can add Template Accounting Entries, Automation Rules and Accounting Journals.

  1. Click on New Template Accounting Entries.
  2. Search for the Ledger Account this relates to.
  3. Search for the Target Ledger Account.
  4. Enter either the Debit or Credit Amount.
  5. Click on Save.

The Template Accounting Entry has been setup.

  1. Click on New Automation Rule.
  2. Enter the Automation Rule Name.
  3. Select the Status.
  4. Enter a Transaction Template or Accounting Journal Template.
  5. Enter the Schedule Information.
  6. Click on Save.

The Automation Rule has been setup.

  1. Click on New Accounting Journal.
  2. Select the Record Type (Standard or Multi-Entity).
  3. Enter the Journal Reference.
  4. Select the Status.
  5. Enter the Journal Date.
  6. Enter the Entity Accounting Period if required.
  7. Enter the Company, Department or Source Company Entity.
  8. Select the Related Transaction.
  9. There is also a section for Additional Information and where you can select an Automation Rule.
  10. Click on Save.

The Accounting Journal Template has now been setup.

End of Article.