Application:  Defaults from the application associated with the responsibility 

Owner:  Automatically populated. Value is Oracle for seeded components. Value is User for components created on site by users. 

Transaction Chart of Accounts:  Chart of accounts used to input and create transactions

Enabled: Retain the default to make the description available for assignment to application accounting definitions 

Priority: Users can create more than one priority number for a journal entry description, each one with its own conditions and details. Description details are evaluated in ascending priority order, where the highest priority has the lowest number until a condition is met. For performance reasons, use the most commonly met descriptions first.

Change the order in which description details are evaluated by updating the priority number instead of deleting and rewriting the descriptions. Once the conditions associated with a detail line are satisfied, the value from that line is used and other lines are ignored.

If none of the conditions are met, enter a last line with no conditions associated to it. Because Subledger Accounting uses this line as a default, assign the lowest priority to this line.
The Journal Entry Description field displays a concatenation of the elements of the description created in the Journal Entry Description Details window as described in To Define Journal Entry Description Details.