Set up journal names

Journal names are the templates that you select from when you create journals for cost and service transactions.  Indicate the journal name to be used in the journal to be entered.  This means the journals use the voucher series, offset account, if any, and any other information that you set up.  Each module will have a different journal types that can be used.  The journal type will determine where that journal can be selected in the system.  The following are examples of journal types.  In the general ledger, we have daily journals, allocations, eliminations, and periodic journals.  

In accounts payable, we have vendor invoice recording, invoice registration, and vendor disbursement.  In accounts receivable, customer payment, cash and bank management, bank check reversal, bank deposit slip cancellation, and this is not a comprehensive list.  These are examples.  There are many more available, and there are journal names associated with fixed assets and projects and payroll, as well.  For example, we can select a daily journal type to create a journal for daily transactions.  When you create new daily journals in general ledger, the journal names with the journal type of daily will appear in the name list.

Create number sequences

For creating a journal name first create a number sequences. 
Go to: Organization administration --> Number sequences -->  Number sequences

Create Journal Name

Go to : General ledger --> Journal setup --> Journal names

Journal Types

Journal type	Purpose	Additional information
Allocation	Create allocation transactions in an allocations journal.	You must create an allocation rule in the Ledger allocation rule form before you can create an allocation journal. For more information, see the following topics: ·         Process an allocation request ·         Create an allocation journal
Amount difference	(RUS) Create and link amount difference factures to an original purchase invoice or to an original sales invoice.	For more information, see the following topics: ·         (RUS) Set up amount difference parameters for exchange rates ·         (RUS) Create and link an amount difference facture to an original purchase invoice ·         (RUS) Create and link an amount difference facture to an original sales invoice ·         (RUS) Reverse a ledger journal of amount difference transactions
Approval	Post vendor invoices that have been approved to the appropriate ledger accounts.	For more information, see the following topics: ·         Post invoices in the Invoice approval journal form ·         (IND) Post transactions for customs in the Invoice approval journal form ·         (IND) Post purchase transactions of excise using the Invoice approval journal form ·         (IND) Post service tax in purchase transactions by using the Invoice approval journal form
Assessed tax	(RUS) Create a ledger journal of assessed tax transactions for Fixed assets (Russia). – and – (RUS) Calculate the depreciation bonus recovery register.	For more information, see the following topics: ·         (RUS) Set up the calculation of assessed tax ·         (RUS) Set up the name for fixed asset tax transactions journals ·         (RUS) Create a ledger journal of assessed tax transactions ·         (RUS) Calculate assessed tax registers ·         (RUS) Calculate the depreciation bonus recovery register
Bank check reversal	Reverse a posted check.	Select the Use review process for payment reversals check box in the Cash and bank management parameters form to use this journal type. For more information, see the following topics: ·         Set up a review process for reversals and cancellations ·         Reverse a posted check
Bank deposit slip cancellation	Cancel a deposit slip.	Select the Use review process for deposit slip payment cancellationscheck box in the Cash and bank management parameters form to use this journal type. For more information, see the following topics: ·         Set up a review process for reversals and cancellations ·         Cancel a deposit slip payment
Budget	Process budget appropriations.	Select the Enable budget appropriation check box in the General ledger parameters form to use this journal type. The budget journal entries will include information that is based on the ledger accounts that are defined in the Posting definitions form. For more information, see Define Budgeting parameters and number sequences.
Cash	(LTU) Register cash transactions. – and – (RUS) Post retail transactions.	For more information, see the following topics: ·         (RUS) Set up a cash journal for cash disbursement and reimbursement ·         (RUS) Prepayments in Retail for Russia ·         (RUS) Register reimbursement or disbursement slips ·         (LTU) Generate a cash reimbursement slip
Customer accept bill of exchange	Create customer acceptance transactions for bills of exchange.	For more information, see the following topics: ·         Draw a bill of exchange ·         (JPN) Create and endorse a bill of exchange
Customer bank remittance	Create a bill of exchange remittance file that can be sent to your organization’s bank.	Clear the Automatic settlement check box in the Accounts receivable parameters form to use this journal type. For more information, see Remit a bill of exchange.
Customer draw bill of exchange	Create customer draw bill of exchange transactions.	Clear the Create and post draw journal automatically when posting invoices check box in the Methods of payment - customers form to use this journal type. For more information, see Draw a bill of exchange.
Customer payment	Create customer payment transactions.	For more information, see Enter and settle customer payments in a payment journal.
Customer protest bill of exchange	Create customer protest bill of exchange transactions.	For more information, see Protest a bill of exchange.
Customer redraw bill of exchange	Create customer redraw bill of exchange transactions.	For more information, see Redraw a bill of exchange.
Customer settle bill of exchange	Create customer settle bill of exchange transactions.	For more information, see Settle a bill of exchange.
Daily	Create daily transactions in a general journal.	For more information, see the following topics: ·         Setting up and maintaining journals ·         (CHN) Set up a Chinese voucher system ·         (JPN) Set up positive debit and credit amounts
Deferrals	(RUS) Generate deferrals write-off vouchers.	For more information, see the following topics: ·         (RUS) Deferrals counting journal (form) ·         (RUS) Dispose of deferrals vouchers ·         (RUS) Generate a deferrals write-off voucher for all deferrals ·         (RUS) Generate a deferrals write-off voucher for one deferral ·         (RUS) Generate and print an Inventory act (INV-11) report
Elimination	Create elimination transactions in an eliminations journal.	Select the Use for financial elimination process check box and the Use for financial consolidation process check box in the Legal entities form to use this journal type. You must create a ledger elimination rule in the Ledger elimination ruleform before you can use this journal type. For more information, see Eliminate transactions.
Fixed asset budget	Create fixed asset budget register entries.	For more information, see Post fixed asset budgets.
Invoice register	Register basic information about vendor invoices.	For more information, see Enter and post invoices in the Invoice register form.
Land tax	(RUS) Generate land tax transactions.	For more information, see the following topics: ·         (RUS) Set up the calculation of land tax ·         (RUS) Set up the name for fixed asset tax transactions journals ·         (RUS) Calculate land tax registers
Payroll disbursement	Issue payments based on Payroll pay statements.	You can’t manually enter transactions in this journal. You must generate pay statements and then submit those statements for payment. This journal type is available only if you are using Microsoft Dynamics AX 2012 R2.
Periodic	Create periodic transactions for the periodic journal. – and – (EEUR) Create and post a periodic journal by specifying the period interval for the recurrence, such as days or months.	For more information, see (EEUR) Create and post a periodic journal.
Post fixed assets	Post fixed asset transactions.	For more information, see Post fixed asset journals.
Project - expenses	Create project expense transactions.	For more information, see About project transactions.
Statistic transactions	Create statistical transactions.
Tax cost price	(RUS) Create a tax cost price journal.	For more information, see the following topics: ·         (RUS) Set up journal names and number sequences for tax cost price journals ·         (RUS) Create a tax cost price journal ·         (RUS) Calculate and approve the WIP and FP estimate in a tax accounting register
Tax differences	(RUS) Create ledger journals of tax difference transactions. – and – (RUS) Calculate the depreciation bonus recovery register.	For more information, see the following topics: ·         (RUS) Set up journal names and number sequences for tax cost price journals ·         (RUS) Create a tax cost price journal ·         (RUS) Reverse a ledger journal of tax difference transactions
Transport tax	(RUS) Calculate the total transport tax amount and the advance transport tax payments. – and – (RUS) Create a transport tax declaration.	For more information, see the following topics: ·         (RUS) Set up the calculation of transport tax ·         (RUS) Set up the name for fixed asset tax transactions journals ·         (RUS) Create a transport tax declaration ·         (RUS) Calculate transport tax registers ·         (RUS) Create a ledger journal of transport tax transactions
Vendor bank remittance	Create a promissory note remittance file that can be sent to your organization’s bank.	For more information, see Remit a promissory note.
Vendor disbursement	Create vendor disbursement transactions.	For more information, see Select vendor invoices to pay and settle.
Vendor draw promissory note	Draw vendor promissory notes as a method of payment.	Clear the Create and post draw journal automatically when posting invoices check box in the Methods of payment - vendors form to use this journal type. For more information, see the following topics: ·         Draw a promissory note ·         (ESP) Generate a promissory note by using a free promissory note number method
Vendor invoice pool excl. posting	Create vendor invoice transactions that have not yet been posted to a temporary arrival account.	For more information, see Enter vendor invoices in an invoice pool.
Vendor invoice pool	Create vendor invoice pool transactions.	For more information, see Post vendor invoices that are in an invoice pool.
Vendor invoice recording	Post vendor invoices that are in a journal.	For more information, see Enter vendor invoices in journals.
Vendor redraw promissory note	Redraw a promissory note that has been previously honored by your organization’s bank.	For more information, see Redraw a promissory note.
Vendor settle promissory note	Create vendor settle promissory note transactions.	For more information, see Settle a promissory note.