Menu Code: JTY Accounting/Finance->Support

You use Journal Types to distinguish between different business transactions and to classify accounting documents.  Foura includes a number of system-defined Journal Types that are used by the Posting Assistant, and one Journal Type (GJ) that you can use for your manually created Journals.  System journal types are always specific to a single Journal Source, while your manually created Journal Types can be used with any non-system Journal Source.

For non-system types you can check the Auto-Reverse box to tell Foura to automatically include a reversing entry with opposite-signed amounts in the following period.  You can use this capability to setup accruals for revenues that have been earned or expenses that have been incurred that have not yet been recorded in the current month accounts.

The following Journal Types are pre-configured in Foura:

• Accounts Payable

  Type	Description	System	Source	Auto-Reverse
  APADJ	Accounts Payable Adjustment	Yes	AP	No
  APCHK	Accounts Payable Check	Yes	AP	No
  APCLR	Accounts Payable Check Clearing	Yes	AP	No
  APINV	Accounts Payable Invoice	Yes	AP	No
  VOIDC	Accounts Payable Void Check	Yes	AP	No
  VOIDI	Accounts Payable Void Invoice	Yes	AP	No

• Accounts Receivable

  Type	Description	System	Source	Auto-Reverse
  ARADJ	Accounts Receivable Adjustment	Yes	AR	No
  ARALL	Accounts Receivable Allocation	Yes	AR	No
  ARCM	Accounts Receivable Credit Memo	Yes	AR	No
  ARINV	Accounts Receivable Invoice	Yes	AR	No
  VOIDA	Accounts Receivable Void Invoice	Yes	AR	No
  SCREV	Scheduled Revenue  (reserved for future use)	Yes	AR	No

• Cash Management

  Type	Description	System	Source	Auto-Reverse
  CASH	Cash Entry	Yes	CA	No

• Fixed Assets

  Type	Description	System	Source	Auto-Reverse
  ASSET	Asset Transactions	Yes	FA	No
  DEP	Asset Depreciation	Yes	FA	No

• Inventory

  Type	Description	System	Source	Auto-Reverse
  MATS	Inventory Transactions	Yes	MT	No

• Purchasing

  Type	Description	System	Source	Auto-Reverse
  POACC	Purchase Order Accrual  (reserved for future use)	Yes	PO	Yes

• Time/Labor

  Type	Description	System	Source	Auto-Reverse
  LABCR	Labor Correction  (reserved for future use)	Yes	TM	No
  LABOR	Labor Transaction  (reserved for future use)	Yes	TM	No

• Journal Import

  Type	Description	System	Source	Auto-Reverse
  YECLOSE	Year-End Closing	Yes	JI	No
  GJ	General Journal	No	JI	No

Security

The following default roles can use this form: