It also provides on-line forms for adding and correcting entries in the directory.

Correcting entries will be automatically posted to the appropriate general ledger accounts.

The correcting entry would be:

Journal entries are made, and journal entry vouchers are kept on file relating to these correcting entries.

If the goods delivered and accompanying invoice were for more or less than the amount recorded on the order, a correcting entry would also have to be made.

Client departments will then record appropriate reversing and correcting entries to be included in the Period 12 Extended 2 CFMRS Trial Balance.