Can a quick entry be a reversing entry

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Hi New to GP.. When I set up a Quick Journal can I set it up as a reversing entry i.e. Payroll Accrual

Using GP10

Deb

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babubaskaran@outloo... 12 on at

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RE: Can a quick entry be a reversing entry

Hi Deb,

You can use General journal under financial transaction and select the option for reversing on the given date.

Thanks,

Babu

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Frank Hamelly | MVP... 46,619 Super User 2025 Season 2 on at

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RE: Can a quick entry be a reversing entry

To supplement Babu's answer, no, a Quick Journal cannot be a reversing entry. In addition to his advice regarding reversing journals, you can save the journal in a recurring batch so it's presented for posting each period. You'll have to change the amounts but if the accounts stay the same, it's almost like a reversing quick journal.

If you upgrade to GP 2013, then you can have your cake and eat it too :)

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Ian Grieve 22,784 on at

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RE: Can a quick entry be a reversing entry

To supplement Frank's answer, GP 2010 saw the introduction of an option to clear the values from journals in recurring batches each time it is posted. This can help to avoid posting the wrong values while having all of the accounts retained.

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Frank Hamelly | MVP... 46,619 Super User 2025 Season 2 on at

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RE: Can a quick entry be a reversing entry

Thank you for the correction Ian. I was thinking that feature was released with GP 2013, but it was GP 2010 R2.

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Community Member on at

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RE: Can a quick entry be a reversing entry

Thanks to all for the help!

Deb

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