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Add Reversing Entries to General Journals

Ben Cole on 2/19/2020 6:36:50 PM
Currently Reversals are only available in the Recurring General Journal. My request is that the reversal functionality be added to the general journal (by nature of a checkbox). If the checkbox is marked on a line, it would indicate that the transaction is reversed on the first day of the following month. This is available in other Dynamics products and would also like for it in Business Central for ease of use without having to set up a recurring journal each time a reversal needs to be setup. Thank you.
Category: Financial Management
STATUS DETAILS
Completed
Ideas Administrator

Business Central Team (administrator)

Thank you for your valuable feedback. We have decided to deliver this idea and make it available with Business Central 2020 release wave 2.   

You can choose to **Copy to Posted Jnl. Lines** in **General Journal Templates** to enable copying of journals to **Posted General Journal**. You can also enable or disable **Copy to Posted Jnl. Lines** on a specific **General Journal Batch** that belongs to General Journal Templates where Copy to Posted Jnl. Lines was enabled. 

On the **Posted General Journal** page, you can now use the **Copy Selected Lines to Journal** function to create a copy of a general journal line or a batch with opposite signs (a reversing journal), a different posting date or document number. **Copy G/L Register to Journal** function will copy all journal lines that belong to selected G/L Register to targe General Journal. 
On **Recurring General Journals**, in **Reverse Date Calculation** column, you can now enter the date formula that will be used to calculate the date with which reversal entries will be posted where Reversal Recurring Methods are used. Please note that **Reverse Date Calculaiton** can be added to Recurring General Journal through page personalization. 

This feature is available to be enabled as standard for all Business Central customers in Business Central 2020 Release Wave 2. To enable this feature, sign in to your online environment and open General Journal Templates page and choose to **Copy to Posted Jnl. Lines** for General Journal Templates where you want to enable this feature. 

Learn more about what's new and planned for "Use the Copy Journal function on Posted General Journals and control date for reversing entries in Recurring General Journals" in the release plan here: https://docs.microsoft.com/en-us/dynamics365-release-plan/2020wave2/smb/dynamics365-business-central/use-copy-journal-function-general-journals-gl-registers-when-reversing-entries  

Your help was greatly appreciated,  
Business Central Team

Comments

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RE: Add Reversing Entries to General Journals

Nancy Schafer on 6/12/2025 5:14:19 PM

This doesn't meet the requirement:Enter a Standard General Journal for a one-time accrual due to a bill not being received for the monthly expenses.Add a means to mark this one entry as reversing and the date it would reverseExample 5/31/25 enter a journal for an expenseMark as Reversing and enter 6/1/25 to post the reversal.Post the entry and both entries post at the same time.What you provide is a means to reverse after an entry is posted and this requires someone to remember to do the reversal.

Category: Financial Management

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RE: Add Reversing Entries to General Journals

Wen M on 11/3/2023 9:22:20 PM

This doesn't work well. We have a "service date" requirement set up, and the reversing entry will not copy that line from the original entry, so we have to input it anyway. It's easier for us to copy and paste in the old entry, change the signs in Excel first.

Category: Financial Management

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RE: Add Reversing Entries to General Journals

Ken Sebahar on 2/24/2020 8:01:24 PM

This seems to be a duplicate of another request that has approximately 50 votes.

Category: Financial Management