The QuickBooks accounting software is a popular tool among small businesses and individuals to manage their finances. In this guide, we will show you how to create a journal entry in QuickBooks Online to keep track of your transactions.
To get started, you will need to login to QuickBooks Online. Once you’re logged in, click on the gear icon in the top-right corner of the screen. This will open the Settings menu.
Next, click on the “Journal Entry” option from the pop-up menu. This will open a new window where you can input your journal entry.
First, you will need to input the proper accounts for the transaction you are recording. This will typically include a debit and credit account, depending on the type of transaction you are recording. You can use the drop-down menus to select the appropriate accounts.
Once you have entered the proper accounts, you can input the details of the transaction. This will include the date, amount, and any notes or descriptions you want to include.
When you’re finished, click the “Save and Close” button to save your journal entry. This will add the transaction to your QuickBooks records, where you can review it later.
Creating journal entries in QuickBooks is a simple process that can help you keep track of your transactions and manage your finances. By following the steps outlined above, you can easily create a journal entry in QuickBooks and keep your financial records organized.
If you are looking for further help with Journal Entries, we’d be happy to take a look for you. Feel free to reach out to us here.