Accounting Dimensions: A Project or Cost Center can be linked here to track the costing separately.Bank Account No: If you've added a Bank Account, the number associated with that bank account will be fetched.Reference Type: If this Accounting Entry is associated with another transaction, it can be referenced here.Select the Reference Type and select the specific document. The “outstanding” amount of that invoice will be affected.įollowing are the documents that can be selected in the Journal Entry under Reference Type: For example, if you're creating a Journal Entry against a specific Sales Invoice. Is Advance: If this is an advance payment by a Customer, set this option to 'Yes'.This is useful when you have linked a 'Reference Type' form to this Journal Entry. Selecting “Yes” will link this Journal Entry to the transaction selected in the 'Reference Name' field. To know more, visit the Advance Payment Entry page. User Remark: Any additional remarks about the entry can be added in this field.In any submitted Journal Entry, there is a dedicated button to reverse the Journal Entry. On clicking the 'Reverse Journal Entry' button, the system creates a new Journal Entry by reversing debit and credit amount against the respective accounts. The “Difference” is the difference that remains after summing all debit and credit amounts.Īs per double entry accounting system, the total debit should be equal to the total credit. This should be zero if the Journal Entry is to be “Submitted”. If this number is not zero, you can click on “Make Difference Entry” and the system will automatically add a new row with the amount required to make the total as zero. On entering a Reference Number here, a 'Remark' will be seen, for example: Select the account to debit/credit and proceed.Ī Reference Number can be entered manually and a Reference Date can be set. In th Reference section, the following fields can be entered manually if the bill was recorded offline and not in the ERPNext system. If the accounts selected are in different currencies, tick the 'Multi Currency' checkbox. If this checkbox is not enabled, you will not be able to select any foreign currencies in the Journal Entry. This will show the different currency and fetch the 'Exchange Rate'. It will fetch and add the following details to the entry: To know more, visit the Multi Currency Accounting page.įrom Template field: Selecting an option in this will load details from a Journal Entry Template. To learn more go to the Journal Entry Template page. Pay To / Recd From: The name entered here will show up in the Sales Invoice. Go to the print view in the Journal Entry and select the 'Cheque Printing Format'. You can print your Journal Entry on your company's letterhead. Journal Entries can also be titled differently for printing purposes. #Due to due from journal entries Offline.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |