Recording a Journal Entry in MyFundAccounting Online
- Adam |
- 11 steps |
- 33 seconds
How to Locate the Journal Entry Screen
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Choose "Transactions".
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Then click "Journal Entry".
Recording a Journal Entry
Alert! Please be aware when recording a journal entry, not only do you require balancing debits and credit amounts, you will also require balancing funds before being able to post the journal.
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First choose the date that the journal entry will be required.
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Select Nominal account you wish to record the first part of the journal against.
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Should you need to change your fund click "...".
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Then enter the amount for the first part of the journal.
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Choose whether this element is a debit or a credit.
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You will have an option to enter "Description", "Reference" "Note" Grantor or Supplier if required.
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Click "Store" once you have completed your first part of your Journal entry.
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Then now to record an additional part for your journal entry click "Add New Element".
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Click "Post"
