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yannxxnick
Level 1

Difference between regular Journal entry and adjusting Journal entry

Hi,

My question is simple, Im current new to Quickbooks 2018 Accountant (Desktop Version), Id like to know the difference between regular Journal entry and adjusting Journal entry. I can't see the difference why using the Adjusting Journal entry when the regular journal entry has no limitation.

Thanks for your help

Yannick

 

Solved
Best answer April 19, 2023

Best Answers
BigRedConsulting
Community Champion

Difference between regular Journal entry and adjusting Journal entry

The only difference is that adjusting journal entries appear on the Adjusting Journal Entries report.

 

You can run the report from the QB menu at Reports | Accountant & Taxes | Adjusting Journal Entries

View solution in original post

3 Comments 3
AileneA
Moderator

Difference between regular Journal entry and adjusting Journal entry

Hello, yannxxnick. 

 

I'm here to help you explain the difference between Regular Journal entry and Adjusting Journal entry in QuickBooks Accounting Desktop. The regular Journal entries let you add transactions you can't add in other programs or correct incorrect data in your accounting procedure, such as tax adjustments or depreciation expenses.

 

While an adjusting journal entry is a type of journal entry that adjusts an account's total balance, accountants usually adjust journal entries to fix minor errors or record uncategorized transactions.

  

Here are the articles that will explain more about Journal entries and Adjusting journal entries:  
 

 

Let me know if you have other concerns. I'll be around to provide additional help and information. Take care always.

BigRedConsulting
Community Champion

Difference between regular Journal entry and adjusting Journal entry

The only difference is that adjusting journal entries appear on the Adjusting Journal Entries report.

 

You can run the report from the QB menu at Reports | Accountant & Taxes | Adjusting Journal Entries

BigRedConsulting
Community Champion

Difference between regular Journal entry and adjusting Journal entry

@AileneA  RE: I'm here to help you explain the difference between Regular Journal entry and Adjusting Journal entry in QuickBooks Accounting Desktop.

 

You wrote that, which is a good start, but then you didn't actually do it. Why not, since it's what you are here for?

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