to raise journals

English translation: to make entries (in journals)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:to raise journals
Selected answer:to make entries (in journals)
Entered by: SlawekW

19:36 Oct 4, 2012
English language (monolingual) [PRO]
Bus/Financial - Accounting
English term or phrase: to raise journals
At period end, procedures are performed (running the billing due list and release posting blocks) to ensure sales are booked in the correct period. Sales and cost of sales should be matched and journals raised to provide adjustments.

Otherwise the term is found in job descriptions in accounting.
SlawekW
Local time: 08:28
to make entries (in journals)
Explanation:
In the 1960s I was dabbling with accountancy, and I have to say in the UK this was no uncommon expression. Anyway, that is what it meant then, and if written by an older accountant, is almost surely what it means here.
Selected response from:

David Moore (X)
Local time: 08:28
Grading comment
Thank you:)
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +1to make entries (in journals)
David Moore (X)


Discussion entries: 4





  

Answers


11 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
to make entries (in journals)


Explanation:
In the 1960s I was dabbling with accountancy, and I have to say in the UK this was no uncommon expression. Anyway, that is what it meant then, and if written by an older accountant, is almost surely what it means here.

David Moore (X)
Local time: 08:28
Native speaker of: English
PRO pts in category: 4
Grading comment
Thank you:)

Peer comments on this answer (and responses from the answerer)
agree  Charles Davis: The expression is clearly current, at least in the UK and Australia. I haven't found a definition, but from the way it's used it seems to mean what you say.
1 hr

neutral  Polangmar: There is no "the" before "journals" - doesn't this affect the meaning of the phrase?
2 days 13 hrs
  -> No, not in this context. Here, the word "the" is unecessary.
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