Skip to main content

Solutions

Products

Recommended products

Questions? We are here to help.
Contact us

Purchase

Questions? We are here to help.

Resources

Trial balance, TRCs, and forms

Adjustments

You can add, import, export, or print adjustments (journal entries) on the Adjustments screen. You can also adjust book basis balances to tax basis balances using various types of adjusting entries (book, reclass, tax).
A separate row appears for each type of adjustment assigned to the binder (Book, Reclass, Tax). Each row contains entries, set up at the chart level, with account numbers and descriptions. Depending on the type of adjustment you select, the system provides different features to assist you with entering, editing, and viewing adjustments.

Import files

Select
Import
on the menu bar to import the Journal Entry adjustments.
You can drag a file to the open area, or select
Browse for File
 to import a file.
Select a file to import from the prior year’s Journal Entry (je.xls).
After you attach the file, select
Next
. The filename of the attached file and its file size appear in the file area beneath
Browse for File
.

Templates

  1. Select the Retained Earning account before you import Journal Entry.
  2. You can create a new template or use an existing template for mapping.
  3. Map the column with the correct value:
    1. JE_TYPE à *Adjustment Type
    2. JE_NUM à *Adjustment number
    3. DESC à Adjustment Name
    4. JE_T/P à Temporary/Permanent Indicator
    5. AMOUNT à *Adjustment Balance
    6. SA_NUM à *Account Number
  4. Select
    Save
    .
  5. After you save the mapping, select
    Import
    .

This article applies to:

  • PRODUCT: ONESOURCE Income Tax Express RS
  • Return type: 1120 Corporation,1065 Partnership
  • Subject: Trial balance

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close