- How do I enter a journal?
- Reviewing and modifying journals?
- Recurring journals
- Reversing journals
-Reports main screen under “Other Reports”:
You can also enter new journal from the Chart of account screen:
When you click “New Journal” button you will see a simple grid like the one below. You can now start entering the individual journal entries, and commit them once you are done.
When you click on the yellow tab a dialogue box will appear allowing you to configure the start date, frequency and number of occurrences:
You can see a list of recurring profile templates on the journal management screen. Those journals with schedules associated to them will show a small calendar icon () in the list. If you wish to prematurely cancel a schedule you can do so by previewing the original master journal, clicking the yellow tab and deleting the schedule.
Recurring journals are ideal for depreciating the value of an asset over a defined period of time.
To create a reversing journal all you need to do is enter a date in the “Auto Reverse Date” box.
To cancel a reversing journal, simple clear the date box and save. Reversing journals can be distinguished on your main journal list by the two opposing arrows icon.
When you save a journal with an auto reverse date, QuickFile will create the reversing entries instantaneously. Any changes to the parent journal will automatically filter through to the reversing journal.