Number

This is the number that uniquely identifies the entry. The entry number is maintained by entrée.  This field is informational only and cannot be edited.

 

Reference

Enter up to 15 characters of information which can be used as a cross-reference, such as a check or voucher number. This field may be left blank.

 

Description

Enter up to 35 characters of information as a description of the entry. This field may be left blank.

 

Auto Reverse

Select "Y" to have General Ledger automatically reverse the entry on the first day of the next period, or you can accept the default "N". You should use reversing entries in accrual basis accounting only.

 

Reversing entries are optional and used to simplify recording. Typically, reversing entries are made to record accrued (unrecorded) expenses or accrued revenues.

You should use reversing entries in accrual basis accounting only.

 

Date

Enter the entry date, or accept the default date which is the current date.