Microsoft Dynamics NAV for Beginners | Part 6: Standard Journals

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BDO

Do you have entries which are typically the same each month and find yourself creating the same journal over and over again? The solution to your problem could be Standard Journals in Microsoft Dynamics NAV. A Standard Journal is great for frequently posted transactions. It is saved as a default set of lines that is used within the same journal template, and can be accessed at any time to automatically populate general journal lines.

Creating a Standard Journal in Microsoft Dynamics NAV

  • In the navigation pane, click Departments.
  • Click Financial Management, then click General Ledger and then click General Journals.
  • Create a batch called “STANDARD”.

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  • On the Actions tab, click Save as Standard Journal…
  • Create the Standard Journal with the code PAYROLL.
  • Standard Journals can also save the amounts you have recorded in the journal. Check the Save Amount box if you want to keep the amounts, and then click OK.

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Retrieving a Standard Journal

  • On the navigation pane, click Departments.
  • Click Financial Management, then click General Ledger and then click General Journals.
  • In the Batch Name field, click the drop-down list and select CASH, then click OK.
  • On the Actions tab, click Get Standard Journals.
  • Select the Standard Journal with the code PAY, and then click OK.
  • Click OK to the message that states the journal lines are successfully inserted.

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For more information, please contact your BDO Client Manager or Florence Singh and visit BDO Solutions. For more of our Beginners’ Guide to NAV series, click here.


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