Add data to your financial statements

8:38 minutes total learning time

COMING SOON – This module introduces the Journals feature in Financial Statements: a simple, flexible tool for entering debit and credit-style journal entries for tasks like intercompany eliminations and management reporting adjustments. You’ll learn how to make quick manual adjustments between entities, publish them back to your financial statements, and streamline workflows when managing multiple ERPs or using Excel.

Phocas product

Financial Statements

3 videos in this learning module

Find your intercompany journals

1:00

Create an intercompany journal

2:18

Set up elimination journals

5:20

3 videos in this learning module

Find your intercompany journals

1:00

Create an intercompany journal

2:18

Set up elimination journals

5:20

Find your intercompany journals

Learn where to find Journals: a simple, flexible tool for entering debit and credit-style journal entries for a range of different use cases.

Supporting documentation

Journals

Create an intercompany journal

Learn how to use the journal data entry tool to make manual adjustments to your numbers and publish these back into your financial statements.

Supporting documentation

Create a journal

Set up elimination journals

Learn how to set up and post elimination journals in Phocas Financial Statements. This video covers the full elimination workflow, from creating an elimination entity and enabling elimination-only accounts to posting journals in Data Entry. It also shows how eliminations are kept separate from ERP actuals, helping you report clearly while maintaining a clean audit trail.

Supporting documentation

Journals

Phocas product

Financial Statements

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