Entry 15: General Ledger (Payments)

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

 


 

 

Payments: General Ledger
   
 Transaction type: 12 General Ledger Payment
 Action: Cash payment
 Journal: Cash (3)
 Note:  
   
Seq.no. Description G/L Account Amount Type DC Transaction Subtype G/L Origin
1 Buren Café-restaurant 1000 (Cash) € 5.02 Credit 43 Bank Journal
2 Buren Café-restaurant 4060 (Canteen Costs) € 5.02 Debit 44 General Ledger General Ledger

 

 

Explanation

  • Transaction type = the journal entry resulting from the action has this transaction type.
  • Action = the action executed by the user.
  • Journal = the journal that is addressed.

 

Knowledge Center
Financial Entries Overview
How to Manage General Ledger Accounts
How to Set Up Journals