Troubleshoot statistical journal entries

When you post a transaction, all the required information must be entered. Following are some additional issues that you can encounter, and how to resolve them.

You have two options when you need to add an entry for a closed period. You can either reopen the books for the period, or add a statistical adjusting entry.

Check to see if they journal entry has been approved and posted. If so, reverse or delete the entry, and then resubmit it.