Recording a Journal Entry in MyFundAccounting Online | Scribe

    Recording a Journal Entry in MyFundAccounting Online

    • Adam |
    • 11 steps |
    • 33 seconds

    How to Locate the Journal Entry Screen

    1
    Choose "Transactions".
    2
    Then click "Journal Entry".

    Recording a Journal Entry

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    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.
    3
    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".
    11
    Click "Post"