Enter settlement account corrections

You can post a correction to a settlement account using a general journal if you have multiple administrations in your accounting system and the mutual settlement account balance is not zero. For example, at the start of the accounting after entering the opening balance.

By default, you cannot post entries to a settlement account in Profit without posting an entry to the contra account as well. This keeps the mutual relationship in balance. In order to be able to make corrections, follow the following steps:

To adjust the entry layout of the general journal:

1. Go to:General / Management / Entry layout.
2. Add a new entry layout for a general journal.
3. Add the Correctie op RC-grootboekrekening field to the entry layout header. You select this field from the row of header fields.

   

   Link this new entry layout to a general journal in the properties of the journal:

4. Go to:Financial / Ledger / Journal.
5. Open the properties of the general journal.
6. Go to the tab:Layout.
7. In Enter, select the new entry layout.

   

8. Click on: OK.

To enter a settlement account correction:

1. Go to:Financial / Enter / Journal.
2. Select the general journal.
3. Select the Correctie op RC-grootboekrekening check box.
4. Post an entry to the settlement account.

   

5. Click on: Finish.

   Upon completion, a one-sided entry is created.