Introduction This advanced help topic covers the process of entering ending balances and year-to-date totals for various accounts. Usage Use this information to enter the ending balances of accounts found in your prior accounting system (manual system or software). These are the last and final account totals – after you have closed your books in …
Entering YTD Account Totals Using Journal Entries Read More »
Introduction Every debit must have a credit and vice versa. Example Assume you write a check for your monthly rent. You reduce cash and increase expenses . Credit cash; debit rent expense. Every transaction has to be analyzed with its impact on at least two accounts. Sometimes a transaction involves more than two accounts. Example …
By entering your information above and clicking the “Agree and Get Started” button, you agree to our Terms of Use and Privacy Policy that we may contact you, by SMS, at the phone number and email address you provide in this form in accordance with our Terms of Use. Promotion Terms & Conditions apply.
