What are different types of Journal entries?

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mahathma bachu

  • Jul 21st, 2005

These are Standard,Recurring,Reversal,Stastical,Formula,Budjet,encumbarance,Tax Journal

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  • Sep 27th, 2005

Actual, Budget, Encumbrance, Suspense, Tax, Reverse, Statistical, Recurring.

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  • Dec 12th, 2005

There are 4 types of journal entries.
1. Basic Journal Entry - Used for most of the accounting transactions
2. Reversing JE - Created by reversing the existing journal entry
3. Recurring JE - Defined once and then generated for subsequent  
    accounting period
4. Mass Allocation - Created to allocate the revenues and assets to a
    group of resources(cost centers, depts, divisions,etc) from a single


  • Oct 10th, 2007

There 3 types of journal available in Gl

1.Suspense journals

2.Tax Journals:a)Input tax  b)output Tax

3.Recurring journals

a)skeleton    b)Standard  c)Formula

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  • Jan 27th, 2008

There are total of five types of journal entries

1) manual journal - Are the journals entered int he system when noother subsystem exists to create the journals. Basically a manual way of going into the general ledger responsibility and creating a journal via data entry.

2) recurring journal - are the journals that occur periodically.

For ex)
- a journal entry that has to be created for rent expense every month
- a journal entry that has to be created for fixed interest expense paid to the bank every month on the bank loan 
3) allocation journal - are the journals that allocate or distribute cost pools to various accounts based on usage rations. For example) mass allocation journals for a company's rent expense would allocate rent expense across company's departments based on the square foot usage by that department.

4) budget journal - are journals created in budgets portion of journal ledger. these entries basically insert or update budget data.

5) imported journal - these are the journals that have been imported into the oracle general ledger from oracle receivables or oracle payables etc.


  • Nov 25th, 2015

1) Manual journal
2) Recurring journal
     I) Skeleton
     II) Standard
     III) Formula
3) Reversing journal
4) Mass allocation journal
5) Budget journal
6) Jax journal
     I) Input tax
     II) Output tax

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hazel rayco

  • Feb 10th, 2016

Journal Entries of Depreciation

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  • Oct 4th, 2016

Recording of all transactions in one general journal is a time consuming, laborious and troublesome task. Under double entry system there are mainly 7 different types of journal in accounting.

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  • Dec 7th, 2017

Types of Journals in Oracle ERP standards
1. Functional Currency Journal
2. Foreign Currency Journal
3. Recurring Journal
4. Tax Journal
5. Revaluation Journal
6. Suspense Journal
7. Reverse Journal
8. Mass allocation Journal
9. STAT currency Journal
10. Budget Journal
11. Batch Journal
12. Manual Encumbrance Journal

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