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| cats:procedures:accounting:transactions:generaljournalentries [2016/03/28 15:17] – jen | cats:procedures:accounting:transactions:generaljournalentries [2019/07/02 16:23] (current) – jen | ||
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| =====Entering General Journal Entries===== | =====Entering General Journal Entries===== | ||
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| General Journal entries are transactions that directly debit and credit the general ledger, using only G/L numbers. They do not use a bank code, account code, or invoice. They are frequently used for corrections to profit and loss (P&L) calculations that need to be booked to an inventory adjustment account. | General Journal entries are transactions that directly debit and credit the general ledger, using only G/L numbers. They do not use a bank code, account code, or invoice. They are frequently used for corrections to profit and loss (P&L) calculations that need to be booked to an inventory adjustment account. | ||