(A PeopleSoft system capability for creating journal entries)
A recurring journal entry enables you to automate similar or repeating entries. This method works best for annual expenses that can be charged through twelve equal monthly entries such as, rent and annual support for TCCS and library automation. Each month 1/12th of the total annual expense will be debited and credited to the appropriate Dept Ids and appear as a Current Month Actual transaction.
If you can benefit by creating a recurring entry or have an existing recurring entry that requires modification or inactivation, please contact Gloria Riccobono at X73717.
