The second step in the period closure is updating all manual entries. Think of manual purchase and sales invoices, bank statements, cash transactions, and periodic items such as accrued assets and payroll journal entries.

MKG has manual and process-oriented journals. Entries from the sales, production, or purchasing process are made in the process journals. This article covers general matters about journals and some specific features of process-oriented journals.

Example entry 'General Ledger' in the 'Cash' journal after executing the action 'Cash Payment'. Transaction type 12 General Ledger Payment.