Manual Journals

A manual journal is used to record any monetary movement of a business. Manual Journal is used to divided debit or credit into more than one account. Your transactions such as Sales, Purchase, Banking, etc are listed on the Double Entry reports. However, if you still need to create an additional entry, you can create a Manual Journal. If you create a manual journal for a transaction be aware that it may be duplicated data in reports.

There are some important steps when creating a manual journal:

• The date of the entry should be entered
• A description should be entered
• Every manual journal entry should be balanced. It means that the debits and credits have to total to the same amount. Otherwise, it cannot be saved until the credits and debits are matched.