Option automatic reverse in the Journal

Hello
friends, while creating a new journal, we get following options.

1 balanced
2 Unbalanced
3. balanced by entity
4. auto market back.

I had the first three. I want to know about flipping car.

Automatic reversal of the journals to enter the settings you want to reverse in the next period. For example, your company by reserved error (e) revenues from February to January. You can create an Auto reverse journal entry to debit income in January. The journal entry reverses in February and assigned revenues in the right time period.

Kiran

Tags: Business Intelligence

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