<< Click to Display Table of Contents >> A-4 Journals |
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In its most basic form, a Journal is a record of credits and debits. The full Journal of the business is also called the General Journal or General Ledger (sometimes abbreviated as "G/L"). The General Ledger is often broken-down into specialized journals to make the accounting more manageable. Frazer automatically uses ten specialized journals in the system. You may add more journals as needed for manual G/L postings from the Accounting >> 4 - Journals window.
From this menu you can also print a journal listing. Journals are also referenced when running some accounting reports.