QuickBooks is a software that is widely regarded by the accountant or bookkeepers all over the world the software is so damn popular for its functionality. To record or make a journal entry is one of the most common functions or feature of the QuickBooks Desktop.

In this post, we’ve tried to educate you more about How to record journal entry in QuickBooks, how to add, how to edit and void a journal entry in your favourite accounting software that is QuickBooks Desktop.

(However, if in case you’re not able to do it yourself you can always talk to one of our QuickBooks Specialist that is available for 24/7 only for you at QuickBooks Error Support Phone Number so that you don’t record a wrong entry in your QuickBooks Desktop)

How to Record/Make a Journal Entry in QuickBooks

Journal entries are one of the last resort for entering the transactions in your QuickBooks Desktop. If you are recording or making a journal entry in QuickBooks yourself the make sure that you understand accounting or else a professional is highly recommended that you can easily find on QuickBooks Error Support Phone Number.

• Record things like debits and credits yourself, like in traditional accounting systems.
• Transfer the money between income and expense accounts.
• Transfer the money from an asset, liability, or equity account to an income or the expenses account.

These are the three primary things that you can do while recording or making a journal entry. In our next segment, you will learn how to add an entry.

How to add a Journal Entry

If you want to create a new journal entry, here’s what you need to do:

• To begin with, go to the Company menu and tap on ‘Make General Journal Entries’.
• Fill out the required fields to create your new journal entry.
• Please ensure that your debits equal to your credits after you do it.
• Tap on ‘Save & Close’.

By performing these steps, you can easily add a new entry to your journal. Now that you know how to add a journal entry, you must know how to edit one, so please read the next paragraph very carefully.

How to Edit a Journal Entry

If you want to edit a journal entry, here’s what you need to do:

• To begin with, go to the Company menu and tap on ‘Make General Journal Entries’.
• Tap on Find and then enter the Name, Date, Entry No., or Amount then again tap on Find.
• Open the journal entry, and then make your updates.
• After doing that, tap on Save & Close.
• To confirm the changes, tap on ‘Yes’.

By following the actions given above, you can simply make a change or edit a journal entry in QuickBooks Desktop. You must also learn how to void a journal entry, and that is our next segment as well.

How to Void a Journal Entry

If you want to void a journal entry, here’s what you need to do:

• To begin with, go to the Company menu and tap on ‘Make General Journal Entries’.
• Tap on Find and then enter the Name, Date, Entry No., or Amount then again tap on Find.
• Open the journal entry, then choose Void, then tap on ‘OK’.
• Tap on ‘Save & Close’.

These pointers mentioned above will help you to void a journal entry in QuickBooks.

Conclusion

In conclusion, QuickBooks is a software that is known for its different features and functions when it comes to accounting or bookkeeping. To record a journal entry in the QuickBooks is one of its most common parts.

In this post, we’ve covered almost every aspect of how to record a journal entry in QuickBooks. However, if in case you’re not able to do it you can always talk to one of our QuickBooks Specialist that is available for 24/7 only for you at QuickBooks Error Support Phone Number so that you don’t record a wrong entry in your QuickBooks Desktop.