GL Journals - To adjust your accounts by entering your provisions, accruals, reclassification so as to finalize the financial figures in your accounts.
Assuming you have the following entries for the month end of Feb 2020
Accounts |
Dr |
Cr |
Depreciation expenses |
450.00 |
|
Acc Depn – Furniture & fittings |
|
300.00 |
Acc Depn – Motor Vehicle |
|
150.00 |
Audit Fee |
150.00 |
|
Provision for Audit Fee |
|
150.00 |
Secretarial Fee |
80.00 |
|
Provision for Secretarial Fee |
|
80.00 |
Salary |
2,000.00 |
|
Accrual |
|
2,000.00 |
At [A/c Entry], click [GL Journal]
Click [Add]
Enter the journal entries as shown below, click Save.
Next, continue with the topic Recurring Journal
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Watch all videos: |
http://realtimme.cloudapp.net/basic/index.html?gl_journal_adjustment.htm
