If you need to set an automatic reversal on a certain date for accrual expenses or prepayments, here's how.


Step 1.


Navigate to Settings > Configure system > Toggle features.


Step 2.


Choose Accounting then click the tick box to enable the feature.


Step 3.


Go to Tools > Journals > All journals > Create journal.



Step 4.


Enter the future date when the journal should be reversed. Click the Post Journal button to confirm.