JOURNAL VOUCHERS IN SAP BUSINESS ONE

October 10, 2019

JOURNAL VOUCHERS IN SAP BUSINESS ONE

A journal voucher is a document where the essential information about an accounting transaction is being stored. This voucher contains the following information: Unique identifying number and Transaction date.

Journal voucher is a way to create a draft for a journal entry. The voucher signifies intent to make an adjustment to the journal. Journal vouchers are like a draft sales order or other marketing document in the SAP Business One system.

Go to ‘Journal Vouchers’ screen, under finance module and click the ‘add entry’ down button to add a new voucher. Go to ‘List of Accounts’ screen, add an account along with corresponding credit and the voucher. Go back to the voucher and add relevant items. In this way, the added journal entry is set up. The final journal entries are being created from this voucher. An approval process along with a peer review happens, which is the best way to add checks and balances into the system. It also helps in minimizing the mistakes which can create an impact on the financial organization.