Through QuickBooks, journal entries can be used to edit or rectify transactions and post entries such as profit and loss adjustments. The journal entry process is quite simple and you need to note that you can only create one journal entry per vendor at aninstance. You will have to craft individual entries if you want to fix multiple vendor balances.  To know more for creating journal entry in QuickBooks desktop, let us delve into the article.

Directions to create Journal Entries in QuickBooks Desktop

By following the below-mentioned steps you shall arrive at the exact location of creating journal entries in QuickBooks. Make sure not to omit any of the steps.

• In the inception, you need to head to the ‘Company’ option, followed by choosing the ‘Make General Journal Entries’ option.
• In the ‘Make General Journal Entries’ window that shows on the screen, change the ‘Date field.’ Changing the date becomes necessary if you want to post an entry for a previous month or year. This will make sure that your entry is logged in the correct financial time period.
• In the ‘Entry No.’ field, assign a number with your journal entry. QuickBooks will number the subsequent journal entries in a consecutive order.
• Afterward, in the Account column, type the ‘general ledger account number’. In the Account column, you can alternatively choose the first account from the drop-down menu.

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