Creating Recurring Journals
Purpose
This tutorial covers creating and generating recurring journals.
Time to Complete
Approximately 30 minutes.
Topics
This tutorial covers the following topics:
 | Overview |
| Scenario |
| Prerequisites |
| Creating Templates for Recurring Journals |
| Generating Recurring Journals |
| Summary |
| Related information |
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Overview
This tutorial covers creating templates for recurring journals and generating and approving recurring journals.
Scenario
You have a fixed monthly amount to be debited to your investment account. You create a recurring journal to create this monthly journal automatically.
Prerequisites
Before starting this tutorial, you should:
| 1. | Have access to or have installed Oracle ® Hyperion Financial Management, Fusion Edition 11.1.1.0.0 |
| 2. | Have installed and opened a Financial Management application |
| 3. | Have created a child entity (WestSales is used for this tutorial.) |
| 4. | Opened the period for which you are generating journal entries |
Creating Templates for Recurring Journals
In this part of the tutorial, you create a template for a recurring journal for a child entity.
1. | Open your Financial Management application, and in the Browser View pane, navigate to Tasks > Journal Tasks > Manage Journal Templates.
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2. | In the Content pane, select the Recurring tab, and click New.
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| 3. | Select Use Single Entity.
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| 4. | In the POV for Entity, select WestSales.
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| 5. | In the POV for Value, select <Entity Curr Adjs>, and click OK.
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| 6. | Under Edit Recurring Template, enter the following information:
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| 7. | Place your cursor in the first cell in the Account column, click Pick Members, and enter the following member information:
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| 8. | Click Save.
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| 9. | Click Close to return to the Recurring tab.
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Generating Recurring Journals
You now generate and approve the recurring journal that you created.
| 1. | In the Browser View pane, navigate to Tasks > Journal Tasks > Manage Journal Templates.
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| 2. | Select the Recurring tab
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| 3. | Select the check box to the left of RT1, and click the Generate button.
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| 4. | Review the Point of View for the journal, and click OK.
The message "1 Journal generated successfully" is displayed.
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| 5. | Click OK. |
| 6. | In the Browser View pane, select Tasks > Journal Tasks > Process Journals.
The journal is displayed in the list. The status is Approved, and it is ready to be posted.
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Summary
In this tutorial, you learned how to:
| Create recurring journals |
| Generate recurring journals |
Related Information
 | To learn more about Financial Management, refer to additional OBEs. |
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