What Is An Auto Reversing Journal?

1.	What Is An Auto Reversing Journal?
Answer» If we CREATE a journal as Auto Reversing Journal, the journal will POST in the NEXT PERIOD by reversing the DEBIT and Credit. If we create a journal as Auto Reversing Journal, the journal will post in the next period by reversing the Debit and Credit.

Answer»

If we CREATE a journal as Auto Reversing Journal, the journal will POST in the NEXT PERIOD by reversing the DEBIT and Credit.

If we create a journal as Auto Reversing Journal, the journal will post in the next period by reversing the Debit and Credit.

Discussion