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How to Decide How Many Journal Names to Define

 When you are in the design phase, you need to decide how many journal names to define. I would advise to use as minimum as you can but it depends on the parameters below with my experience.


  1. Which Journal Types are going to be used? Like payment journals, invoice journals etc.
  2. How many journals do we need for migration. Are we going to create one of one for each purpose of migration.
  3. Do we need separate journals or user groups for reporting purposes?
  4. Do we need separate journals for different work flow operations?
  5. Are we going to use same journal type but create new ones for managing operations/purposes from the modules like accruals, TMS related journals etc.
  6. Do we need to differentiate voucher series for easy reporting?
  7. Do we need to auto setup offset account for users not to select? Like bank accounts to be automated directly and not to be selected by the user one by one on each transaction.


These questions will help you how many journal names to setup in the system for easy use.

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