Posting Manual Journal Vouchers & Adjustments
For non-routine adjustments such as monthly asset depreciation, owner withdrawals, or accrual reclassifications, use the manual journal voucher workspace.
[IMAGE - Manual journal entry form showing multi-line debit and credit rows with real-time balance checker]
Creating a Manual Journal
- Go to Ledger -> Journal Entries.
- Click + New Journal Voucher.
- Add debit and credit lines ensuring total debits equal total credits.
- Click Post Entry.
Accounting & Ledger Impact
| Account Name | Code | Classification | Debit | Credit |
|---|---|---|---|---|
| Depreciation Expense | 5200 | Operating Expense | $500.00 | - |
| Accumulated Depreciation - Equipment | 1510 | Contra Asset | - | $500.00 |
Note: Contra-assets reduce the net carrying value of fixed assets on the balance sheet.