Import data

Journals screen

Journals provide an audit trail of adjustments made to underlying data. When data is imported, a trial balance journal is automatically created. Each import overwrites the previous import’s trial balance journal; therefore, only one trial balance journal exists for each entity in each dataset.
You can create your own journals to adjust imported values. Your manually created journal are used to adjust general ledger accounts (accounts that appear in the chart of accounts), and tax accounts (mapped values that flow to your calculations).
For example, you would create a manual journal when a late adjustment to your trial balance has not been posted to the accounts (for example, a late audit adjustment for which you want to show an audit trail). If this adjustment was processed in your source system and included in an import file, you can delete the journal to remove the adjustment so you are not double-counting it.
Journals are expected to balance and the system validates this when saving a journal. After a journal is created, you can see adjustments resulting from the net impact of journals for an entity by drilling down into a calculation or on the Trial Balance screen (
Imports
Trial Balance
).
note
Journals are optional. You can also adjust values in each calculation’s
Income Statement
 and
Balance Sheet
 using a manual adjustment column.

The Journals Screen

  1. Toolbar Ribbon: Dataset and entity editing actions appear in the toolbar ribbon. The options available depend on the screen. Dropdowns on some screens let you filter the list of items to display.
  2. Grid-Level Actions: Use these actions to manage the grid view and column groupings.
    You can use the
    Show/Hide Columns
     selector to specify the columns you want to display.
  3. Item Actions
    : You can select one or more checkboxes in the
    Actions
     column to perform actions on specific items in a grid.
  4. Journal Details
    : Select a hyperlink in the
    Name
     column to open details about a journal.
  5. Page navigation selectors
    : Use these selectors to quickly navigate between pages of a multi-page list.
  6. Items per page selector
    : Select the number to change the number of transactions displayed on a page. The default is 25.

This article applies to:

  • Product: ONESOURCE Corporate Tax
  • Subject: Import,Journal entries