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How do i do a journal entry for super payment made in July but relates to year ended 30 June 2017

 
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QuickBooks Team

How do i do a journal entry for super payment made in July but relates to year ended 30 June 2017

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:

  1. Choose Plus Sign Icon, then Journal Entry.
  2. Enter the Date the transaction took place.
  3. Enter an Entry Number to help you identify the transaction in reports (optional).
  4. Enter the Account you'd like the journal entry to affect; you can use any account on the chart of accounts.
  5. Enter the amount in the Debit or Credit column. If you're not sure how to do this, check with your accountant.
  6. Enter a Memo if you want, which will appear on reports showing transaction details.
  7. In the Name field, choose a customer, vendor, or employee associated with the line, if any.
  8. You can also enter a memo for the whole transaction.
  9. 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.