General Journal - Journal Entries
Entries can be made directly into the general journal. However, most entries are handled in the background as through the system scripts.
Notes:
- The journal must be in balance before the entry can be posted.
- The accounts selected must be a valid entry from the chart of accounts.
Posting a general journal entry:
- Select General Journal->Journal Entry.
- Enter the general ledger account and a description of the entry. A popup window listing the chart of accounts.
- Enter the amount of the journal entry.
- Repeat steps 2-3 for all entries. Use the Add icon to add additional rows.
- Verify the journal entries are in balance and press the Save icon to commit the changes.
Editing a general journal entry:
- Select General Journal->Journal Entry.
- Select the Open icon and a popup window will appear listing the entries for the current period. Select the entry to be edited or use the search/period selection to search for entries outside of the current period..
- Edit any fields as necessary.
- Verify the journal entries are in balance and press the Save icon to commit the changes. This action will first un-post the prior entry and re-post with the new values.
Deleting a general journal entry:
- Select General Journal->Journal Entry.
- Select the Open icon and a popup window will appear listing the entries for the current period. Select the entry to be edited or use the search/period selection to search for entries outside of the current period..
- Press the delete Icon and after confirmation, the journal entry will be un-posted and removed from the database.
Related Links
Chart of Accounts
Reports - Balance Sheet
Reports - Income Statement