Recurring Journal for FY2006

Posted July 7, 2005 in Financial Reporting and Accounting and tagged .

This is a reminder that recurring journal entries need to be renewed each fiscal year. Those who need recurring journal entries for fiscal year 2006 should submit them to Financial Reporting & Accounting as soon as possible to include them in the July statements. Recurring journals are those which do not change from month to month, both the chartfields and the amounts remain the same for the entire year. Journals for which the chartfields do not change but amounts do change each month are not considered recurring journal entries.