Back to Journal Entries in Accounting: Rules, Types & R2R Workflow
What is the role of narration in a manual journal entry?
Record-to-Report (R2R) · Article FAQ
Detailed Explanation
A narration is a brief, factual description explaining why an entry is being posted. It provides an immediate audit trail for internal reviewers and external auditors, explaining the business purpose and citing supporting source documents.
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Disclaimer: This material is for educational purposes only. Every financial situation is unique. Consult with a certified professional before making significant decisions.