This function allows you to maintain Journal Type. Journal Type is used to properly classify your accounting entries.
To access Journal Type, click on the Master Data icon > Journal Type.
Creating a new Journal Type
To create a new Journal Type, click on the “+New” button.
Fields
Journal Type: Key in Journal Type.
Description: Key in Journal Type description.
Alternate Description: Key in Journal Type alternate description.
Entry Type: Select entry type. This will determine where you can select this Journal Type.
Click “Save” to commit the changes once you had done keying in or editing the required information.