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Is it possible to create a journal entry that references an item?

Hi-

We are moving part of our organization to a new Netsuite instance. We have a large number of deferred revenue schedules (about 1,900 of them) that still have future period recognition in our old instance., all are time based so we know the amounts that are going to post in all future periods.

In terms of the method for moving the deferred balance to the new instance:
We would like to be able to have the portion that is moving be the opening balance in the new instance and post all related ‘would have been created in old instance’ journal entries into the new instance ahead of time so the Jan 2015 deferred balance in the new instance would show as zero before we ever post any non-je  transactions.

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