creating journals

Torrie
Torrie Registered Posts: 1 New contributor ?
I did a journal last week and I started off with a credit entry coming out of a dept payroll cost centre which was an incorrect posting and I debited the entry to the correct dept payroll cost centre.

I was then told by a colleague that Journals should always start with the Debit entry first. Is this right?

Comments

  • PhilW
    PhilW Registered Posts: 36 ? ? ?
    Yes, its standard practice to enter the Debit before the Credit when creating a journal.
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