Posting journals

Summary

This article describes how to post journal entries into the system using the "Nominal Ledger" -> "Journal Entries" option.

Additional Information

There are three methods to post a journal and you need to decide which method best suites the journal entries needs.

Double Entry

This allows you to simple post a double entry journal from one centre to another with a comment of your choice.

Multiple Entry

With a Multiple Entry you can constructed an array of journals entries across multiple centres on the same date. A good example of this would be the wages journal which involves posting in an out of the same centres a number different times.

Cash Book Entry

With Cashbook Entry, this is useful when posting from multiple centres into one centre, for example when doing the Banking Journal when you put takings into the Bank.

This is done as follows:

• At the top of the screen in the "Centre" box, enter the default bank account centre (eg Z992)
• Press the Enter Key so the cursor moves down to the "Money In/Out" field and type "I"
• Press Enter once again. This should take you down to the Date Field on the first line of the body of the screen.
• Enter the date here of the day you are paying money into the bank.
• In the "Centre" field, type the Centre Number where the money is coming out from, eg "Z900" Cash
• Type the amount being payed in into the "Amount" field
• In the "Comment" field, type in the Paying-In Slip number and the word "Cash".
• In the next line down, enter the same date as before, and then the next Centre number, eg Z901 Cheque
• Proceed as before, except in the "Comment" field type the Paying-In Slip number and the word "Cheque"
• When you are finished, press Escape and Accept.

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Keywords AND Misspellings

Nominal journals, posting cashbook