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Unregistered
08-14-2001, 09:14 AM
Hi,

I am entering income & Deposits. I am making a GJ entry and debiting the Checking account and then I am doing each customer as a credit to the income account. Any deductions I am debiting to expenses. Is this the correct way to enter?
Thanks
Kristine

Unregistered
08-14-2001, 11:53 AM
Hi

what type of deductions are you talking about. Also, is this information you're entering historical data, or current.

Roger

KSERV
08-14-2001, 01:31 PM
Roger,

It is historical data from several months ago, the deductions are check fee's that have been charged back and postage expenses.
I have also tried entering this in the cash receipts which now will give me a customer report. Any thoughts on which is best.

Kristine

Unregistered
08-16-2001, 09:47 PM
Hi Kristine

I think using the receipts module might be the best option if you plan to have customer history information later. You obviously won't have this if you use General Journal Entries.

If the deductions form part of the receipt, then you simply enter it as a line item negative amount to the relevant expense account.

Seems like you're on the right track

Roger

08-17-2001, 06:47 AM
Thanks for your help - Roger,

Kristine