Create A Journal Entry

  • Last Created On Jul 06, 2023
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Journal entries are the last resort for entering transactions. Use them only if you understand accounting or you follow the advice of your accountant.

  • Enter debits and credits manually, like in traditional accounting systems
  • Transfer money between income and expense accounts
  • Transfer money from an asset, liability, or equity account to an income or expense account

Add a journal entry

If you need to create a new journal entry, here’s what to do:

  • Step 1. Go to Journal entry menu under the Accounting module -> click on the Add button

  • Step 2. Select an Account from which amount is debited.
    Add a row where the amount will be credited
    Note that, in the end, total debit and credit amounts should add to be the same
  • Journal date : The date of the double entries created below (The entries below will be created and displayed on reports with this date).
    Number: This time's number (for display outside the list only)
  • Step 3. Click on the Save button.

Edit a journal entry

If you need to edit a journal entry, here’s what to do:

  • Step 1. Go to Journal entry menu under the Accounting module. Find and select the journal entry you need to edit.
  • Step 2. Click on the Edit 

  • Step 3. Make the necessary changes and click on the Save button.

Delete a journal entry

If you need to delete or void a journal entry, here’s what to do:
  • Step 1. Go to Journal entry menu under the Accounting module. Find and select the journal entry you need to delete.
  • Step 2. Hover over the journal entry and click Delete

  • Step 3. Confirm your selection in the following pop-up. The journal entry will be deleted.

Export to excel


  • Step 1. Go to Journal entry menu under the Accounting module. Find and select the journal entry you need to export.
  • Step 2. Hover over the journal entry and click Export to excel.

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