The Kennesaw State University General Ledger is the central repository for transactions of Peoplesoft financial applications, such as: Accounts Payable, Payroll, Purchasing, Asset Management, Pcard, and other local processes.
Manual journals to the General Ledger are made to redistribute or reallocate from one chart field to another. Manual journals are created to:

• Correct or adjust prior journal entries
  
  
• Move Pcard expenses from one funding source to another
  

After completing a GL Journal Form, forward to GL Personnel in Business Services for review and posting.

GL Journal Form

GL Journal Form Template (used for journals with more than 10 lines of data)

At Month End, the GL posts financial closing entries and closes the current month financial activity. Once closed, and the Financial data is processed to BOR Financial Data Mart, the closed period cannot be accessed with any additional Financial activity. The normal schedule for Month End Close is the fifth working day of the new month.

At Year End, the GL posts all financial closing entries, runs year end closing processes and gets the financial activity in a closed environment for the AFR. Once all year end activity is posted, and the AFR has been submitted, the GL will close the financial accounting year.