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November 5, 2023
Question

Journal

  • November 5, 2023
  • 1 reply
  • 0 views

Hi,

I am Munir. I have a few questions as under:

Is every transaction, that we record in QB desktop in the shape of bill or invoice etc, recorded in Journal automatically by QuickBooks desktop. Are the entries that we record as journal entries also found in the same journal. Is there any figure in Profit and loss account or Balance sheet which is not found in Journal.  

 

I shall be thankful for detailed replies. 

Munir

1 reply

November 6, 2023

Hello Munir1,

 

Thanks for reaching out to us here. I'll be glad to provide more details about your inquiry with using Journal Entries in QuickBooks Desktop. The Journal Entry feature allows you to enter debits and credits manually, like in traditional accounting systems.

 

In order to learn more about using Journal Entries in QB Desktop, I encourage you to check out this article here. You're more than welcome to ask other questions as you browse through the article. I'll be one message away in case you need additional assistance. Otherwise, I wish you a great rest of the week.