CU System Administration – including the Office of University Controller and FSS Help – will close at 1:00 p.m. on Wednesday, November 27, and reopen for normal business hours on Monday, December 2.
Effective Date: 1/23/2009
Purpose
Journal Entries in the Finance System are created when you need to make an entry to the General Ledger that cannot be made through a subsystem feed. The most common Journal Entry uses are: making corrections to financial transactions on a SpeedType, and recording activity in accordance with GAAP (Generally Accepted Accounting Principles) such as accruals, allowance for bad debts, and inventory adjustments.
