This activity is used to create an accounting journal for an accounting year. The sort order is set per accounting year in order to prevent having different sort order(s) for different journals within the same year and it could be done based on; Voucher Date, Voucher Type, Sequence No or Sequence No per Year. You can also select the chronological order of the Sequence Number generated for the vouchers during the General Ledger update by Voucher or Voucher Row.
In order to perform this activity, the accounting journals should be defined in Define Accounting Journals.
As a result of this activity, an accounting journal is created for the relevant year. When the period information is generated for the journal, the sequence number is generated based on the values selected for the Sort By and Sequence Number per fields in the Create Accounting Journal. The accounting journal will have the same number of periods as the period calendar, however 0 period will not be included unless the Include Year End Vouchers is selected for the journal in the Define Accounting Journals page.