Accountant's Assistant Handbook

Create reversing JE for accrual basis client 
To have the program automatically create a reversing journal entry for an 
accrual-basis client, mark this checkbox. The program posts checks 
through the AP expense account. To designate an accrual client for 
perpetual accrual (without a reversing entry), leave this checkbox 
unmarked. Checks are posted through the GL account for accounts 
payable. 
When using this option, you should always select to post transactions to 
the current period when transferring data to CSA.