Journal Entry¶
This page covers the journal entry flow. Use it when you need to post a manual accounting entry.
Before you start¶
- Confirm the ledgers are set up.
- Confirm the user has finance posting access.
- Confirm the date and currency are correct.
- Confirm the journal lines balance.
What the screen tracks¶
| Field | Meaning |
|---|---|
journal_no |
Journal number |
date |
Entry date |
memo |
Entry memo |
party_id |
Related party |
currency_id |
Currency |
exchange_rate |
Exchange rate |
class_id |
Class |
location_id |
Location |
department_id |
Department |
project_id |
Project |
subsidiary_id |
Subsidiary |
cheque_no |
Cheque number |
cheque_date |
Cheque date |
bill_no |
Bill number |
bill_date |
Bill date |
due_date |
Due date |
is_defer_entry |
Deferred entry flag |
reversal_date |
Reversal date |
journal_entry_details |
Debit and credit lines |
The code validates that debit and credit totals match before the entry is valid.
Related pages¶
Example¶
The finance team posts rent expense at month end. The journal debits rent expense and credits the bank account. The entry keeps the books balanced.