Passing journal transactions is the recording of financial data (taken usually from a journal voucher) pertaining to a business transactions in a journal such that the debits equal credits. Journal entries provide an audit trail and means of analyzing the effects of the transactions on the firm's financial position. (BusinessDictionary.com)
- Accounting > Add JTxn
- Select the PC Center from the drop-down list and enter the date for the transaction.
- Then, select a 'Reference Doc' to show what document the journal transaction will be associated with and enter a remark in the box on the right.
- Enter a description of the journal entry in the 'Description' box.
- Click 'Set Details'.
- The Receipt Voucher number will then appear on the right (eg. Rct9001) for future easy reference.