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Here are the steps on how to create Reversal Journals:

1. Click General Journal from  from General Ledger Activities menu to open open Search General Journal.
2. Click New toolbar button to open blank General Journal screen.

3. Select Reverse Date

    by

    by clicking combo box button to open mini calendar screen or manually enter reverse date. This will be the posting date of your

    Reversal Journal

    Reversal Journal.

   Note
   title Note
   Reverse Date can only be after the posted date.

4. Add accounts to the grid, enter debit or credit amount and other information needed.
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5. Once the transaction is balanced, click Post button. This will post the original journal and the reversal journal created.
6. Click OK on message to complete the posting process.
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7. After posting, a message will prompt if you want to view the created Reversal Journal. Select Yes to view the Reversal Journal.
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8. click Post button. 
9. Posting Detail screen will open showing the statuses of the General and Reversal Journals.
   To open the actual Reversal Journal, select the record and click Open action button. Here, Debit and Credit are reversed.On the created Reversal Journal, Debit and Credit are reversed.
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