Hello lopresti,
If you need to record payments and affect
accounts other than the banks (expenses, income, liabilities), I suggest you
talk with an accountant beforehand to be sure everything is entered correctly.
Here's how to enter a journal entry:
- Choose Plus
Sign Icon, then Journal Entry.
- Enter
the Date the transaction took place.
- Enter
an Entry Number to help you identify the transaction in
reports (optional).
- Enter
the Account you'd like the journal entry to affect; you can
use any account on the chart of accounts.
- Enter
the amount in the Debit or Credit column. If
you're not sure how to do this, check with your accountant.
- Enter
a Memo if you want, which will
appear on reports showing transaction details.
- In
the Name field, choose a customer,
vendor, or employee associated with the line, if any.
- You
can also enter a memo for the whole transaction.
- Click Save.
Note: If you have many
journal entries to record, you may find it faster to enter them from the
register instead.
That’s it. If you have other questions, please let me know.
I'd be happy to help.
