Adjustment

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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


 

Related Topics

GL Ref Number

 

Recurring

 

 

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