Recurring Journals
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Recurring journals can be used to create batches of nominal transactions that are posted to the ledger regularly.  For example monthly direct debit postings, salaries etc.  Its saves you manually entering the journal details each month, you simply set up the template or skeleton journal and post the recurring journal when required.  You can also amend recurring journals before posting them. 

To Set Up Recurring Journals
1.      Select Gx Nominal in the toolbar.
2.      Hold the cursor over Journals on the menu.
3.      Choose Recurring Journals from the second menu. 
4.      Enter a Journal Reference for this batch of recurring journals.
5.      Select the Nominal Code from the drop-down menu or use its ' quick access code'.
6.      Enter the posting Date.
7.      Enter a Reference for this transaction.  This makes it easier to identify what a transaction relates to. 
8.      Select Credit or Debit from the drop-down menu in the Type column. Refer to  Debit or Credit Journal Entries? for guidance on whether an item should be a debit (+ve) or credit (-ve) transaction.
9.      Enter the transaction Value.  You do not need to enter any + or - signs. 
10.   Add the other items in this batch of recurring journals.
11.   As outlined in the Nominal Ledger Explanation, Power-Gx operates double-entry booking keeping so each transaction must have a debit and credit posting and the recurring journal total must be zero when all items have been added. 
12.   Click the Save button.  You can now post the recurring journal to the nominal ledger as required.  You can amend and delete recurring journals. 

Click here to view the Recurring Journals screen. 

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To Post Recurring Journals to the Ledger
1.      Select Gx Nominal in the toolbar.
2.      Hold the cursor over Journals on the menu.
3.      Choose Recurring Journals from the second menu. 
4.      Journal Reference - used the drop-down menu to find the recurring journals you wish to amend or delete. 
5.      Click the Update Ledger button
6.      Enter the posting date. 
7.      Click Ok.  This posts the journal entries to the nominal ledger and the transactions can be viewed in Nominal Transaction Enquiry. 

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To Amend or Delete Recurring Journals
1.      Select Gx Nominal in the toolbar.
2.      Hold the cursor over Journals on the menu.
3.      Choose Recurring Journals from the second menu. 
4.      Journal Reference - used the drop-down menu to find the recurring journals you wish to amend or delete. 
5.      To amend references, CR/DR type or value, select a line and overtype with the new data. 
6.      To add items, select the next free line and enter the lines as described above for setting up recurring journals. 
7.      To delete items from the recurring journal, right-click a line and select Delete Row from the context menu.
8.      To delete the whole recurring journal, click the Delete button at the bottom of the screen. 
9.      Remember to Save the changes you make.  

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