Learn how to record journal entries in QuickBooks Online.
Journal entries are the last resort for entering transactions. Use them only if you understand accounting or you’re following the advice of your accountant.
If you’re feeling confident about creating journal entries, here are a few reasons to use them.
- 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.
Create a journal entry
- Select + New.
- Select Journal entry.
- Fill out the fields to create your journal entry.
- Select Save and new or Save and close.