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Get Help To resolve QuickBooks Journal Entry Issue - Printable Version

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Get Help To resolve QuickBooks Journal Entry Issue - Orianazabell - 02-19-2021

First, let's clarify exactly what a QuickBooks journal entry is. Generally, QuickBooks automatically records transactions as they occur - you record an invoice, sales receipt, invoice, check, etc. - and QuickBooks pulls that data into accounting.

However, if you need to enter a transaction manually, such as correcting an error, for example, you will want to use the journal entry feature in QuickBooks Online. When you post a journal entry in QuickBooks or any other accounting software, it must be balanced - any debits you make must have a corresponding credit and vice versa.

For example, as you will see below, if you are recording a journal entry for a check issued for one year of insurance, you will need to list a debt to the insurance account and a credit to the checking account. For instant QuickBooks Support, dial (855)-948-3651 for instant service.