IFO4
Loading...A record of an accounting transaction posted to the general ledger, comprising a debit entry to one or more accounts, an offsetting credit entry to one or more accounts, and supporting documentation. Journal entries are the atomic unit of double entry accounting. The federation requires journal entry workflows to enforce segregation between preparer, reviewer, and poster, with material non-routine entries requiring multi-party approval under UFMS-001:5.1. Journal entry registers are retained per the regulatory floor and are subject to audit retrieval.
From the Latin diurnalis, of the day; the journal as a daily record of transactions stabilised in fifteenth century Italian merchant practice.
Federation members enforce preparer, reviewer, and poster segregation on journal entries. Material non-routine entries require multi-party approval. Journal entry retention follows the regulatory floor under MEV-Annex:6.1 with extensions for audit retrieval documented.
@misc{ifo4_glossary_journal_entry,
title = {{Journal Entry}},
author = {{IFO4 Federation Editorial Board}},
howpublished = {{IFO4 Federation Glossary, slug \texttt{journal-entry}}},
year = {2026},
url = {https://ifo4.org/glossary/journal-entry},
note = {Category: Accounting; key: JournalEntry}
}Federation members and accredited practitioners may challenge any entry under TGS-002:1.7. Filed challenges are routed to the editorial board, triaged into the revision register, and resolved in writing on the public docket. The slug remains stable through any revision.