Automatic reverse journal

Dynamics 365 Finance

The article titled "Business requirements" discusses the process of performing a fast closing in Dynamics 365 Finance and Operations (D365FO).
When performing a fast closing, entries are made that are intended to be reversed later. This is done for intra-period closings.
D365FO offers the feature of automatically posting the reverse entry, allowing the user to focus on entering the initial entry without worrying about the reversal.
The first step in the business process is to create a general journal in D365FO by navigating to General Ledger > Journal entries > General journals.
Once the journal is created, the system can be configured to automatically perform a reversal on a specific date.
The user can then proceed to enter the journal lines as usual.
When the journal is posted, D365FO will automatically post the reverse entry at the date indicated in the journal header.
This process simplifies and streamlines the fast closing process in D365FO.

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