Manual Journal Entry

Hello, new to Sage.....When manually entering a transaction, under the Ledger Account, should there be 2 entries? One for a debit and one for a credit? For example, if I have a transaction on my bank statement for $2.85 from Sonic, Should I have a debit for that amount on the top line and then a credit for that amount on an additional line. I categorize Sonic under Meals so should I have a debit under the Ledger Account with the category Meals and then also a credit under the Ledger Account with the category Checking? I hope that's clear!

Thank you!

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    Hi

    If you are on the Banking Page, and you are categorizing incoming transactions, then Bank Account (Checking) should already be categorized. You will only select Meals ledger account and the system will post them accordingly. You can view the posted entries under Reports > More, open Audit Trail report

    Let us know if that is now what you are attempting to complete, you can also attach a screenshot

    Regards

    JohnS.

Reply
  • 0

    Hi

    If you are on the Banking Page, and you are categorizing incoming transactions, then Bank Account (Checking) should already be categorized. You will only select Meals ledger account and the system will post them accordingly. You can view the posted entries under Reports > More, open Audit Trail report

    Let us know if that is now what you are attempting to complete, you can also attach a screenshot

    Regards

    JohnS.

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