3.10a Transaction Journal Report
- 11 steps
QuickBooks
Akadian
Start in the Sample company.
1
To complete this exercise, you must be in the Sample company. From your QBOA account, click on the Gear icon on the top right corner of the screen, then select Sample company.
Note that you will be logged out of your current account. If you are sure, click "Continue" to confirm.
Now let's get started with the exercise.
2
Click the "+New" button, then select "Invoice".
3
In the Customer field, select "Travis Waldron".
*We will leave the Invoice date and Terms fields as is.*
4
On the first line, under Product/Service, select "Sod".
5
In the QTY field, type "10".
In the Rate field, type "100".
6
On the second line, under Product/Service, select "Installation".
7
In the QTY field, type "2".
8
Click the black "Save" button.
Now let's take a look at the Transaction Journal.
9
After saving the invoice, the word More appears on the black bar at the bottom. Click "More".
10
Click "Transaction journal".
11
Click "Switch to classic view".
Note: Viewing the report in Modern or Classic view shows the same information, so this can be your preference. We are switching to Classic view so we can see all of the information without adjusting the columns.
This is the Transaction Journal for the invoice. You are able to pull up the Transaction Journal in the same manner for both income and expense transactions.
Notice that the Accounts Receivable (A/R) is on the Debit side (this is money that is coming into the business, so Debits increase), and the Sod and Installation balance it out on the Credit side.
If something ever seems off with any of your transactions, clicking into the Transaction Journal can be a helpful, clarifying tool to solve and fix it.
🎥 Video
Want to follow along? [Click here](https://youtu.be/Z2tb9Z3jNXc) for our video walk-through.