Journal Entries

Every transaction you enter into computerised accounting software like MYOB, QuickBooks Online and Xero Accounting records journal entries and it happens when you perform tasks like creating an invoice, receiving a payment, making a payment etc.

These entries are source entries and would normally be associated with a piece of paper like an invoice, receipt, cheque and these are called source documents.

There are times when you’ll need to create a journal entry because one is missing or you will need to make the books balance.

These courses includes training on how to perform journal entries

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