The process of recording in a journal the original documents, such as checks. Also the entry of adjustments to correct account balances at the end of an accounting period such as monthly, quarterly, or yearly.
One or more debits and one or more credits used to record an accounting transaction in the General Ledger or on various journals.
The entry made in a journal. It will contain the date, the account name and amount to be debited, and the account name and amount to be credited. Each journal entry must have the dollars of debits equal to the dollars of credits. To Top
is the beginning of the accounting cycle. Journal entries are the logging of business transactions and their monetary value into the t-accounts of the accounting journal as either debits or credits. Journal entries are usually backed up with a piece of paper; a receipt, a bill, an invoice, or some other direct record of the transaction; making them easy to record and to maintain traceability for each transaction.
A transfer of dollar records between two or more ten digit accounts (transaction code 06x).
A noncash transfer of dollars between two or more accounts.
a balanced (debits must equal credits) record of a financial transaction made by your organization
a court order or motion that is made a part of the court's records
a detailed, written account of the entire day
an internal accounting transaction used to make a payment, internal transfer or correction either within a Business Unit (intra-unit journal) or between Business Units (inter-unit journal)
a temporary listing of the accounts affected by the transaction, and the amount of the changes
The first recording of a business transaction.
The transaction in which the total amounts of the Debit and Credit columns are equal and each amount refers to an account of the chart of accounts. In Free Accounting there is a list of Journal Entries, the aim of which is to make adjustments.
An entry in the accounts which covers a non-monetary transaction – e.g. for recording a Donation in Kind, or Depreciation or correcting an error made in the accounts.
An entry in the journal. Its text can still be changed. There should be few of these. They can be versionized and cloned. They cannot exist in notebooks. All entries, including imported ones, start out as journal entries. There are four ways to create a journal entry: 1. You can choose "New Entry" from the Entry menu or click on the "New Entry" button in the Info Strip. This starts an empty entry that is ready for keying. The source will be a signature you can specify in the settings dialog. 2. A text file can be imported to create a new journal entry. The contents starts off as a duplicate of the file's text and the source is the text file's name plus the folder that contained it.Similarly an existing entry can be cloned to start a new entry. The content text will be a duplicate of the "parent" entry's and the source will be the parent entry's title 4. Lastly, a journal entry can be versionized. This auto-archives it from the journal, but then creates a clone of it in the same place. You notice scarcely any difference because only the source and creation time stamp change.
a record of an accounting transaction made in a journal.
A record in a journal receiver that contains information about a journaled change or other activity that is journaled. See also journal code and journal entry type.
A recording of a transaction where debits equal credits.
An accounting entry in FMS that tracks BGSU's business events and/or financial transactions.
An item of data from an accounting system's data file.
