Nominal Accounting

General journal details

 
Field
Description
1.
Date
By default, the Date field displays today’s date.  If desired, change to a different date.
2.
Memo
Type a description for the general ledger item in the Memo field.
3.
Ref
The Ref field displays a reference number for the general ledger item.  This is automatically assigned to the entry by Nominal.
4.
ID
The ID field displays the ID for the general ledger item.  This is automatically assigned to the entry by Nominal.
5.
Line Item
Line items display the credit and debit for the general ledger item.  Choose the account in the Account field.  The credit and debit must balance each other out.
6.
Total Debit
The total debit displays the total for all debits in the general ledger item.  It is automatically calculated.
7.
Job/Project/Cost
If the general ledger item is related to a particular job, project or cost, enter the job, project or cost information in the field.
8.
Total Credit
The total credit displays the total for all credits in the general ledger item.  It is automatically calculated.
9.
Balance
The balance displays the difference between the total debits and total credits.  The balance must be zero before the general ledger entry can be saved.
10.
Save and Cancel
Click Save to save the general ledger item to the general ledger.  The balance must be zero to save the general ledger item.  Click Cancel to exit the ledger without saving the item.
Journal Records
The following options allow you to view a list of journal transactions, organised by type.  Each journal transaction is associated with a source, such as an invoice or payment.
·     Returns
o     Click the Returns button to view records related to returns.
·     Invoices
o     Click the Invoices button to view records related to invoices.
·     Credits Applied
o     Click the Credits Applied button to view records related to credits applied.
·     General
o     Click General to view a list of all general ledger records.
·     Payments Received
o     Click Payments Received to view a list of all records related to payments received.
·     Payments Made
o     Click Payments Made to view a list of all records related to payments made.
·     Purchase Order
o     Click Purchase Order to view all records related to purchase orders.
·     Receive Money
o     Click Receive Money to view all records related to monies received.
·     Spend Money
o     Click Spend Money to view all records related to spending money.

Authored with help of DrExplain

http://www.nominal.com.au