The Journal Entries tab is designed for recording all accounting adjustments that do not fit into other tabs.
To add a new journal entry, click the New Journal Entry button.
The Journal Entries tab includes several columns.
The Date column displays the date when the journal entry was made.
The Reference column displays the reference number for the journal entry.
The Narration column displays the description provided for the journal entry.
The Accounts column displays a list of accounts, separated by commas, that are involved in the journal entry.
The Debit column displays the sum of all debit amounts for the journal entry.
The Credit column displays the sum of all credit amounts in the journal entry.
The Status column shows whether a journal entry is Balanced or Unbalanced.
A Balanced entry occurs when the totals of the Debit and Credit columns are equal.
If an entry is Unbalanced, Manager automatically transfers the discrepancy to the Suspense account on the Balance Sheet report, ensuring that your financial statements remain balanced.
To eliminate the Suspense account balance, ensure that all your journal entries are Balanced.
To customize the visibility of columns, use the Edit columns button.
Learn more about customizing columns: Edit columns