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DaynaMorgan
Level 1

How do I Make Journal adjustments in Quickbooks desktop

How do I Make Journal adjustments in Quickbooks desktop

3 Comments 3
FishingForAnswers
Level 10

How do I Make Journal adjustments in Quickbooks desktop

@DaynaMorgan  You can find the Make General Journal Entries option under the Company menu.

 

That said, it is generally best to only use Journal Entries when absolutely necessary. QB products' reports are built around their other functions (Write Checks, Make Deposits, Bills, etc).

 

That is, while they *can* source some information from Journal Entries for reports, it is quirky at best and it can leave behind some of the information that is present in the Journal Entries. This is not expected to change any time soon.

KayePe
QuickBooks Team

How do I Make Journal adjustments in Quickbooks desktop

You can make journal adjustments by selecting the Adjusting Entry box in the Make General Journal Entries section, Dayna. 


Just like @FishingForAnswers suggested, you can use Make General Journal Entries to adjust entries only as needed for accurate records. It's advisable to consult your accountant during this process to ensure everything is correct.


Here's how to adjust:
 

  1. Go to the Company menu and select Make General Journal Entries.
  2. Change the date if necessary.
  3. Enter the required information, such as the Account, Debit, Credit, and Memo.
  4. Before saving, check the Adjusting Entry box to mark it as an adjusting journal entry.
  5. After that, click Save & Close.

 

 

Additionally, generate and customize an Adjustment Journal Entry report in QBDT to review and track the detailed transactions of each adjustment you made.

 

Keep us posted if you have additional questions about managing journal adjustments, Dayna. 

BigRedConsulting
Community Champion

How do I Make Journal adjustments in Quickbooks desktop

@KayePe  RE: You can make journal adjustments by selecting the Adjusting Entry box in the Make General Journal Entries section, Dayna. 

 

What? No.

 

You can make Journal entries with or without selecting that box. No one asked about the box anyway. Journal adjustments are not Adjusting Journals. Get your terms straight.

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