To make the audit process easier, the journal entries are also linked to the correspondent customer account transaction.
You can also attach up to 5 files to the manual Journal Entries, for example documents related to the amount needed for later audit or investigations.
To conform One Up’s Chart of Accounts, you may need to: Once your charts of account match, you can continue. If you have any difficulty conforming your chart of accounts, please reach out to our support experts.
Each accounting solution has a different method of retrieving journal entries to be processed by One Up.
Other transactions will need to be entered manually such as payroll or asset depreciation, for example.
Automatic journal entries are logged when customer transactions are posted, allowing you to generate accounting reports on real time data.
Using Google Spreadsheet, Microsoft Excel, or your favorite spreadsheet program, open the file coming from your prior solution for editing. This is used to specify which debit and credit lines comprise a journal entry during import.
The 1st row of the table must contain headers so One Up can identify what it contains. This number will not be stored in the transaction, as One Up will generate new transaction IDs upon importing, based on any already-existing transaction IDs in the system.
The Advanced AR Settlement feature is in Limited Availability.If you do not have this option, you may need to remove them in the 2nd step.Make sure you export your entries in a format that has each part of the journal entry on separate rows.After entering the information above click Log Journal Entry and it will be added to your list of Journal Entries.Notes are mandatory when posting or reversing manual Journal Entries.