Automatic Journal Entry in Internal reconcilation

Hi Experts,
I have a issue regarding Internal reconcilation. I am reconcile BP master ledger. I select manual type and select some credit entries and some debit entries of that BP, balance was zero. I did not select Ajustment button but it create a journal entry automatically. It select same BP in credit side and debit side. I am not understand when it create a journal entry. I know about the Ajustment Button,it shows JE when balance is not zero. kindly give your suggestions.
Thanks
Regards
Jitender

Dear Jitendra,
Automaticaly JV created when you deal with foreign currency.
The entry posted when your your reconcilation transation with differant exchange rate.
like
1)You received advance form customer 100 usd 46 rate
2)Your AR invoice posted 100 Usd 44.5 exchange rate
When you reconciled the same automatic JV posted in system for exchange Loss or gain.
If you reconciled with JV so sytem take exchange rate of that date.
REGARDS
MANGESH PAGDHARE.

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Hello Muhd
Please could you go in Administartion > Set Up > Fixed assets > GL
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Hello RWCS...welcome to the forums...
OK, first things first - the definition of petty cash. Petty cash is a function inside any company which allows employees to purchase products out of their own pocket and allows the Petty Cash Person to pay/reimburse for some item or services under a certain amount (say $25). Petty Cash is generally a sum of money maintained in the company in a box or drawer - that is what the accounts says - petty cash. The WHOLE purpose of petty cash is to avoid cutting a check for each and every minor purchase or payment - so there would be no payment created at all until it is time to replenish Petty Cash with more money.
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Good morning,
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Hi Christian,
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https://helpdesk.coresystems.ch/entries/20781833-Internal-error-131-occurred-131-183-FAQ-10062-
SAP B1 client system we got error Internal Erro... | SCN
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If you go to General ledger work center and click on Journal Entries view.
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This could apply to any situation:
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Hi Mahendra and Gordon:
This is the situation:
Relates to DropShip Order:
1.Client create DropShip Sales Order (against drop ship warehouse).
2. DropShip Sales Order generates PO (Note no liability accounts are hit)
3. Client wants to invoice their drop ship customer immediately by emailing A/R invoice.
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Edited by: Syed Aleem on Jun 24, 2011 3:13 PM
As soon as A/R invoice is created, a deferred payable needs to be updated also automatically at the same time. This is the requirement.

Reconcile Deferred invoices to journal entry

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I installed SAP B1 2007 A one year ago (and I upgraded package 39 last week). Now, I try to link a Deferred invoices to journal entry and I receive the following message:
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When I integrate my database, I only integrate journal entries. How can I solve my problem because I need to do thoose links to close 2007 period?
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Edited by: Alexandra LARISSE on Aug 26, 2008 11:03 PM

Hello,
Please check Note No. 1119633 regarding the issue reported.
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Hi All,
I have probem with internal reconcile, when i reconcile of BP date 31 Oct 2008, SAP authomaticlly make a Journal Entry...loss or gain exchange rate...
when i see, rate it's not difference..All transaction BP it's ok, but sistem create journal for internal reconcile...
what's sourch the problem?
thank's so much, before..

Hi Ani,
Please add up all the local currency values debit-credit which are included in the reconciliation. If this does not add to zero without the Exchange rate posting Business One will create it automatically in the later versions of 2005 SP01 and certainly in version 2007.
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Liabilities Ageing report not acknowledging old journal entries

Hello,
I have just upgraded a system from 2007A SP00 PL48 to 8.8 SP00 PL17. When I ran the Vendor Liabilities report in 8.8 I noticed that one of the business partners has a journal entry and an open invoice. The journal entry has no value when displayed in the report however when i open the journal up, it is showing a debit for the exact same amount as the invoice, but was created as a result of a foreign exchange gain and has not been reconciled against the invoice. The ageing report is showing that the invoice is still outstanding and needs to be paid. However when I run exactly the same report in version 2007, the two amounts are seen to conteract each other and therefore no oustanding amount is shown in the ageing report for this customer. When I reproduce the scenario in 8.8 with a new invoice and new journal entry, the two transactions are shown to counteract and no outstanding balance is displayed.
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Kate

Hi Kate,
We recently upgraded to 8.8 and in reviewing the aging reports realized some manually reconciled entries had to be redone.
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Heather

Automatic Journal Entry in Internal reconcilation

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