Journal update procedures vary from firm to firm. In principal, Journals should be peer reviewed before being updated. The review should include checking supporting documentation, the Journals details and amount.
These update instructions are generic and assume the user has an appropriate security level to update the Journal and is following the firms internal procedures.
Update a Journal Request
From the Workspace functions menu, select the option ‘Request Manager’ and click on the ‘Journals’ tab.
Change the Journal status filter to ‘Authorised’ which will display all authorised Journals. Right click on the Journal record and select ‘edit’ to review the Journal. When the review is complete, click the cancel button to close the record.
Right click on the Journal record and select ‘Update’. The Journal is now complete and posted to your ledgers.