This browser is no longer supported.
Upgrade to Microsoft Edge to take advantage of the latest features, security updates, and technical support.
On a recurring general journal, which recurring method must use allocations?
Variable
Fixed
Reversing Fixed
Balance
What happens when you try to post a recurring journal line with a posting date in the future?
The line will post, just as any other journal line, with a posting date in the future.
The line will post, but a warning message is displayed.
The line won't post.
The line is automatically copied to a new journal batch with the posting date used as the Name of the line.
When should you use the Variable recurring method?
When posting dates have a variable recurring frequency
When G/L accounts are variable over different periods
When the amount is variable over different periods
When the recurring journal line has a variable allocation key
You must answer all questions before checking your work.
Continue
Was this page helpful?