Entry Actions

Select the checkbox next to entries to perform an Entry Action. These actions are available based on where you are within the Consolidation Process and your security privileges. Entry Actions allow you to control the lifecycle of a journal.

Entry Actions are available based on your selections. For example, if you want to post an Elimination Set, select the checkbox next to the Elimination Set and click the Post Entry Action.

Type of Entry Actions:

• Forward - submit an entry for review. Select a journal entry that is in process and click Forward to move the entry to pending review.
• Send Back - return a journal entry to an In Process status to make required changes. This option is only available when the journal is in the Pending Review or Approved state.
• Approve - approve a pending journal entry that confirms the entry for posting.
• Reject - refuse a journal entry. You can edit a rejected journal, select it, and click the In Process entry action.
• Process - calculate the value of a selected journal entry and post it to the database.
• Clear Data - delete previously processed Elimination data.
• Post - post the entry to the application.
• Inactive - disable an entry (such as a Dynamic Journal Entry, an Elimination Set, or Non Controlling Interest). Disabled/Inactive entries are not posted.
• Active - make an Inactive entry Active. Only active entries are posted.