125 “JV Multi Debits Credits-Local Funds”

175 “JV Multi Debits Credits-State OPAL”

These two Banner rule codes allow journal vouchers (JV) to process multiple debits and credits sequences in a JV document, however some restrictions apply.

• 125 cannot be used with State, Grant, or Federal Ag funds.
• 175 is only allowed on State funds.
• 125/175 operate together and cannot be mixed with any other rule codes or journal types.
• Only revenue and expense account codes can be used with 125/175.
• Identifying which debits are associated with which credits should be easy and intuitive.
  • For example, the debit and credit transactions could be in sequential order:
    • seq. 1 debit $100
    • seq. 2 credit $50
    • seq. 3 credit $50
    • seq. 4 debit $30
    • seq. 5 credit $30
  • A common identifier could be added in the transaction description or optional “document reference” field.
  • FOATEXT is particularly important when using this functionality. FOATEXT must provide the purpose of the transaction, the original Banner document number(s), source transaction (if applicable), who to contact for questions, etc.

Click here to see a complete Banner JV Rule Codes list. If you have rule code questions, visit our UAFR Who to Ask.