If the transaction occurred, then prior to the close of the MAY-17 period, Brick City Catering prepares a manual journal entry to charge Dept# 39999 so it can recover the costs that were incurred.

When a transaction starts in one accounting period and ends in another, an adjusting journal entry is required to ensure it is accounted for correctly. Step 7: Generating Financial Statements Once ...

If left blank, this field will default to “Journal Import” after it has been uploaded into the general ledger. Accounting will not post journal entries with this default line description. Adding Rows ...