Creating a journal entry

Navigate to Finance – General Journal

Select which journal to use; Choose the journal you wish to use (in this example, we're using the Default journal).

A one-line entry in BC allows you to populate the journal entry using a balancing account rather than 2 lines and utilizing the Debits/Credits.

For a one-line entry:

•   Enter the Posting date – the date the journal entry will be posted in BC
•   Document Type – Select the type (Payment, Invoice, CM, etc.), or leave blank
•   Document number – Typically auto-populated, but you can override with a custom number if needed
•  Account Type – G/L Account, Bank account, Vendor, Customer, etc..
•  Account No – The GL account, bank account name, or vendor/customer name
•  Amount - Enter the amount
•  Bal. Account Type - G/L Account, Bank account, Vendor, Customer, etc..
•  Bal. Account No - The GL account, bank account name, or vendor/customer name
• Dimensions – Enter any necessary dimensions

For a two-line entry

• Enter the Posting date – the date the journal entry will be posted in BC
• Document Type – Select the type (Payment, Invoice, CM, etc.), or leave blank
• Document number – Typically auto-populated, but you can override with a custom number if needed
• Account Type – G/L Account, Bank account, Vendor, Customer, etc..
• Account No – The GL account, bank account name, or vendor/customer name
•  Amount – Enter the amount
• Debits are entered as a positive value
•  Credits are entered as a negative value

To review the journal entry before posting select preview posting under the Post dropdown arrow.

Once ready to post the journal entry click Post to finalize the journal entry