A journal entry is one of the mostimportant aspects, when it comes to recording the accounting transactions of a company. A general journal entry is an accounting transaction entered, or posted, directly to the general ledger. A company’s general ledger basically acts as its main group of accounts, which is used to record the balance sheet and income statement transactions.
In today’s blog, we will be talking aboutthe stepby step guide to create a journal entry in QuickBooks. Thus, make sure toread this post carefully till the end. Or you can also talk to QuickBooks support team and leave the rest on them.
Steps tocreate a journal entry in QuickBooks
The steps involved in the process to createa journal entry in QuickBooks are as follows:
Step 1: First of all, the user needs to move to thejournal entry feature
- And then click on the plusicon there
- This will show up a drop-downmenu stating create, which will have the journal entry option
- After clicking on that option,the user will be redirected to the window having the blanks for necessary inforation
Step 2: The user will then have to enter date and journal number
- After the form opens up on thescreen, the user is supposed to edit the journal date, whereas thecurrent date will be automatically entered by QuickBooks
- If you are recording any entryfrom any other date, then ensure to correct the date before moving ahead
- The user will then have to fillin the journal number
- Or else the QuickBooks softwarewill automatically enter the sequential number
Step 3: And enter the needed information
- Accounts
- Journal code
- Debit and credits
- Name
- Description
Creating a journal entry in QuickBooks would be easy, once you follow the steps above. However, in case ofany issue, or for further assistance, you can speak to QuickBooks desktop supportteam at 1-800-761-1787, and they will handle the situation for you.
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